Seems like it is forming a bullish divergence / swing rejection and is near its support zone. A good risk reward ratio can be seen. A big upmove possible.
Buy with 5 rs. Stoploss @482.
Target 516 .
Risk Reward (1: 5)
Trend is down. A technical correction may come by due to Positive Divergence. Bulls are trying to defend 603. So if this level is protected, a technical correction may take the price towards 635-41. Bears are not allowing price going beyond 652. But my feeling is that all rises will be sold since Death Cross (50 crossing 200 DMA) has happened.
50 DMA crossed 100 DMA downside. See the impact. Price went below 200 DMA. Now 100 DMA is about to 200 DMA on the downside. When this happens, price will see new low. These are simple and effective studies to track a trend.