1. A Major breakdown after making the all time high, stock is now trading near 200 EMA.
2. Also if we draw Fib extension from previous downtrend of October 24 3650-3750 can act as a major support in coming days.
3. If you recognize we have a bear flag formation at top that also suggest a pullback from 3650.
Keep tracking the stock with IT Index to see for a fresh entry.
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