Cosmo First
There is nothing much to think about it .
As of now it is currently moving below all the key moving averages- 20 DEMA,40 DEMA, 20WEMA,40 WEMA
If one wants to ride on for long term, he/she should wait for it to cross and close above 800 and then 850 convincingly and with volumes.
Otherwise it would keep moving with in 10-15% range. If it does not move up in budget rally (if there is one) ,then there are all chances that it might go near its recent low (657) or below.
Disclaimer : Views are personal and we’ve a right to go wrong. Use your own studies and discretion to take any step.
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