Traders long need to maintain the stop loss at 67.19.
Downside momentum will continue below 67.19.
Wider band of movement can be 66.44 to 68.22.
TREND INFORMATION WITH INTRA-DAY LEVELS
STRATEGY
CLOSE
DRV
TREND*
Trend
Price
Trend
Date
L1
L2
CP
L3
L4
Hold Long
67.41
67.24
UP
67.2
13.06
66.76
67.24
67.54
67.71
68.19
*Trend will remain Down as long as last close is below the pink color DRV.Trend will be Up as long as Price is above DRV. Positional Traders: If trend is up then traders long can hold long position with closing stop loss of DRV:Close >DRV.If trend is down then traders can hold short position with a closing stop loss of DRV: Close <DRV.
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