DOMS

• Prices have taken support at the 50 Day EMA along with the Daily RSI bouncing from its Oversold level.
  
• Price correction of 18% is also in line with its past corrections.
  
• Hence stock is expected to continue its on-going up-move to form a new high in 3300-3500 zone.
  
• Bullish outlook would remain intact as long as price is above 2400.