Turning Down
Our Pivot: 30.70
Our Preference: Short sell TRG below 28.10 with strict stop loss of 30.70 and initial target at 25.30 with extension towards 22.30 Rs.
Alternate Scenario: Upward penetration of 30.70 will call for 32.05 and 34.60.
NOTE: TRG is being capped by a strong resistant trend line along with a horizontal resistant region.
Weekly Chart with Supports and Resistances:
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