Stock has reached the top of the channel and stands at the support of 30 mins TL.
if manages to close below 148.4 possible short possible for 139 and 132 with sl of 152.
also a bearish gap on top might face the resistance.
The only positive is the bullish flag it has created recently. break and close above 151 on 30 mins chart can take it up till 162, in that case SL will be 148
if manages to close below 148.4 possible short possible for 139 and 132 with sl of 152.
also a bearish gap on top might face the resistance.
The only positive is the bullish flag it has created recently. break and close above 151 on 30 mins chart can take it up till 162, in that case SL will be 148