There are many reason why we feel it may sink.
01. It is below quarterly buy level.
02. hammerl in .
03. To sink and may come near 16150
04. (3,3,14,Close) is not clear.
05. (14,CLOSE) Is .
06. (20,CLOSE) Is also sinking.
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from sell bellow:16628 with a SL @: 16839 Tgt01: 16334 Tgt02: 16150 . We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.