tested 50 dma and failed to cross.. and formed a evening star kinda pattern.. and is sitting on 100 dma and 20 dma..
20 dma is below the 50 and 100 dma signalling weakness..
expecting the stock to test 200 dma around 660 and maybe 640 where the 50 weekly ma is..
NOTE: Anaysis is my personal view. please do due diligence before trading.
20 dma is below the 50 and 100 dma signalling weakness..
expecting the stock to test 200 dma around 660 and maybe 640 where the 50 weekly ma is..
NOTE: Anaysis is my personal view. please do due diligence before trading.