This stock is in consolidation state... drop base drop is going to observe in this stock... So keep your view to bearish in this. But a manipulation move to topside chance is more, then fall happens. We have a demand Zone lies at bottom, look for buying at that demand Zone.
This stock observed a strong fall from the resistance... broken the trendline as well.... if this is a retracement price again continue its upward momentum... if this is a reversal price will gives us retest to the trendlines fall back... Look for buy opportunities when price comes to the demand area...shorting opportunities when it comes to resistance area...
SHORT TERM INVESTMENT VIEW IN #LT CUP & HANDEL BUY LT CMP @ 1500 ADD MORE ON ABOVE 1530 STOP LOSS - 1450 CLBS TARGET - 1560 1600 1650 1700 ++ TIME FRAME - 30 TO 45 DAYS