THE MEDIUM UPTREND AND THE 50 DAY MOVING AVERAGE HAVE CREATED A STRONG SUPPORT ZONE ( 30850 TO 31000) THAT IS STILL WORKING WELL SO FAR
A SIDE NOTE:- BEARISH CONFIRMATION OF THE TRENDLINE DOES NOT COME UNTIL THE TRENDLINE IS BROKEN IN A CONVINCING FASHION, IT IS SOM TIMES PRUDENT TO WAIT FOR A BREAK OF THE PREVIOUS REACTION LOW(SUPPORT BREAK) AS ADDITIONAL FILTER TO AVOID FALSE BREAK
PLACE UR STOP BELOW 30000
