Apollotyre Price Channel Breakout, Can it fall till 93?

Aktualisiert
APOLLOTYRE is taking good support(5 times) on the bottom trend line. After spending almost 6 days near the bottom trend line the stock has broken the support, also the RSI on daily chart went below 50 level, indicating bearishness in the stock, expecting it to fall till 98 level.
Anmerkung
it seems like a break out failure.
Trade wurde manuell geschlossen
Moving AveragesParallel Channel

Haftungsausschluss