- Rising wedge has given a breakdown in favor of bears Now price has to takeout the GAP shown in first chart for bears to gain momentum.
- MACD has given a sell signal But price sustaining above 20 Day SMA should give another chance for bulls to move up. For bears a close below 20 SMA is needed to gain momentum.
- For a bigger breakdown price has to close the week below 20 Week SMA (5174).
- Monthly chart shows price getting resisted at 5 Month High EMA.
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