Watchout for support breakdown

The stock is testing it's one year old support trendline and looking weak if breaks and sustains it. Sell intraday below 1781 level for intraday target of 0.75-1%.

If the stock gives a closing below 1700 level one can carry a short position for targets of 1625 and 1550.

Disclaimer: This idea is for educational purpose and kindly buy as per your risk management. I always encourage partial booking 1-2% profits and use a strict trailing stop loss. Idea is positional and only carry position on day closing basis.

Learn & earn,

Dr . Tanya Kumar