After completing rounding bottom till neckline which is also a 50% retracement mark of previous major down-leg, stock seems to be taking out some profits, which may continue till 955/82 which is a crucial support band. Any further dip with volume can turn short term trend down can stock may experience some more pain towards 800/860 range. To experience any fresh up move, stock MUST move above 1130/60 range with decisive volumes and produce weekly and if possible then monthly close above this range. On indicators, we can see a clear breakdown sign, which can become a danger mark if RSI dips below 50 mark. At the point, stock looks weak and can experience profit taking either upto 988 or even upto 955 odd levels.
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