The counter today pared all Intraday gains and again found a stiff resistance around 2680 levels. Today's move was backed the decent volumes. Though the counter is consistently respecting its 200 DMA, looking at today's reversal it seems that bears took the full control of the day and it might be vulnerable in coming sessions. Besides other technical indicators too are looking weak reinforcing the bearish view. Short position can be initiated at current levels with SL of 2635 for probable down fall up to 2510-2502 levels.
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