The bull flag breakout confirmed on May 2 has ended up creating a classic evening star pattern is seen on the daily chart. The share's failure to capitalize not the flag breakout-like pattern is hardly surprising given the trading volumes had early picked up following the bullish development.
This one is a sell if the price breaks below Rs. 2317 tomorrow. Infact, a sell position can also be initiated closer to Monday's high of Rs. 2352 with stops above Rs. 2378.
This one is a sell if the price breaks below Rs. 2317 tomorrow. Infact, a sell position can also be initiated closer to Monday's high of Rs. 2352 with stops above Rs. 2378.