1. A Major breakdown after making the all time high, stock is now trading near 200 EMA.
2. Also if we draw Fib extension from previous downtrend of October 24 3650-3750 can act as a major support in coming days.
3. If you recognize we have a bear flag formation at top that also suggest a pullback from 3650.
Keep tracking the stock with IT Index to see for a fresh entry.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.