Based on the weekly and the daily chart, it looks like the closing price is taking a support on 200DMA, if it breaks the 200DMA at downside, there is a chance that the stock price might go down slowly till 260. The next support will be on 290 and 260 respectively based on the historical data. Lets see how it moves in the next 2 months.
Disclaimer: Kindly check with your financial advisor before taking any trade.
Disclaimer: Kindly check with your financial advisor before taking any trade.
Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.