Equitas has shown weakness in its RSI(hourly time frame).
It has broken a trend line in today's gap down but still a retest is pending. We may see the bounce or retest which may take it to 59-59.5 levels which is a supply zone
Also it has to come to 53 levels to retest its 50EMA
Sell@59-59.5 Target-53.5-53 SL-61.60
It has broken a trend line in today's gap down but still a retest is pending. We may see the bounce or retest which may take it to 59-59.5 levels which is a supply zone
Also it has to come to 53 levels to retest its 50EMA
Sell@59-59.5 Target-53.5-53 SL-61.60