manish my logic is this – if 295 cuts (this is why i said “unless data proves us wrong ” )then we can see 250 (this incidentally is the issue price ) -Now my logic for 250 is simply that its the issue price so i anticipate at least temporary support there – as data is very short (just about 2 mths data since listing ) this is the only way to read it (in my view ) . Like i said if the highs are taken out then my prognosis will not hold . I base my study on oscillators and other indicators like delivery,momentum etc
Subscribe To Our Free Newsletter |