This is the 5th occasion that it has come down to its support region. Earlier here a high volume was observed followed by an uptrend with price rejection ultimately encountering the resistance level of 2792. Since then it is continuously making lower highs.
It would be interesting to see whether it would take the support.
As of now its better to wait for little more confirmation before taking any trade on this.
I will keep you guys posted on this.
It would be interesting to see whether it would take the support.
As of now its better to wait for little more confirmation before taking any trade on this.
I will keep you guys posted on this.
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