PDI : Testing key support

PDI is pretty much at key support – at 22.10. A breach of this level places 21.70 then 21.50 as immediate supports. If 22.10 holds today the counter will face resistance from just 22.30-22.50.

A close below 21.70 today would however be rather bearish, and suggest a pullback to nearer 20 may be on the cards.

 

 

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