Confirmed bearish trend as MACD merging with Signal line and RSI crossed below 70.
Down move is also supported by all other indicators (pls refer to chart).
Short August futures below 1350.00 with Stop Loss 1362.50
Targets 1341.50>><<1331.30>><<1319.15>><<1301.30>>
Lot size - 250 and margin required for futures contract - 53K
Cheers...
Santosh
+91 9000838340
