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This counter has a stretch of long body candle that is seeing a fall with volume, and the breach of threshold at 320 levels has attracted more decline. Surprisingly, despite encouraging Q3 results, the trends could not hold back the consistent decline. The bears took fair advantage in this declining market. With a long body candle highlighting a strong breakdown we can look at some more bearishness. Relative strength index (RSI) below 30 indicates the trends could dip lower.

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