any dips to support may be an interesting place to create

The stock has closed below and important pivot zone. The next support levels are close to 490 zones, below it the stock may resume trend down again and test 435 – 350 levels. To reclaim bullish structure it has to close above 580levels. The RSI is into bullish zone MACD is displaying positive momentum, any dips to support may be an interesting place to create positions in the stock.
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Bharat Jhunjhunwala
MFTA,CMT,CFTe,MSTA
prorsi.com
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