Below 185, short Educomp with a target of 165: Mitesh Thacker, miteshthacker.com
Educomp is very close to support levels of 186-185 and there is good chance of a breakdown happening over here.
In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com, shares his views about Educomp.
ET Now: What is the call on Educomp?
Mitesh Thacker: Educomp is very close to support levels of 186-185 and there is good chance of a breakdown happening over here. And once that happens, you would see a price target of about 165, on the downside. So, below 185, I would try and keep a stop at about 190 plus level and then look for a short trade over there.
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