This scrip had corrected almost 20% from its recent high and the volumes too are drying up. Investors/ traders should see this as a opportunity as it is a fundamentally sound scrip. It looks like it's bouncing back from the 50MA in daily TF and 21MA in weekly TF, so there were multiple supports at the CMP.
Traders may consider entering the scrip if there's a follow up buying in coming days with SL of previous swing low which is around 8% down.
Traders may consider entering the scrip if there's a follow up buying in coming days with SL of previous swing low which is around 8% down.