This stock is weakening
- breaking the converging lines towards lower side
- the fall in price is more than 50% from the previous closing and hence we are seeing that the price is not able to make full correction.
- Hence the stock can be short sold with the next target shown by the horizontal line
- breaking the converging lines towards lower side
- the fall in price is more than 50% from the previous closing and hence we are seeing that the price is not able to make full correction.
- Hence the stock can be short sold with the next target shown by the horizontal line