1. Stock is at its 200 EMA support level.
2. Stock is trading lower than 50 day EMA from 26 Jun. High for the Jun month was 324.20, since then stock is in the downtrend.
3. If the stock moves upto 310, it can go up considering the current down trend at support for its up move OR it can just take a pull back and come down to continue the downtrend.
2. Stock is trading lower than 50 day EMA from 26 Jun. High for the Jun month was 324.20, since then stock is in the downtrend.
3. If the stock moves upto 310, it can go up considering the current down trend at support for its up move OR it can just take a pull back and come down to continue the downtrend.