BULLISH VIEW - DAILY CHART
BEARISH VIEW - WEEKLY CHART
- Daily chart is looking oversold and pull back might happen. Stock has hit a support line for the third time and a bounce is expected if the stock does not go below 2655 next week.
- But weekly chart is still looking week with two big bearish engulfing patterns. If stock sustains below 2655 price may go down till 2462 levels.