This trading signal will be only for a risky trader, trade should be taken only by the risk lover. Sell the stock in a range of 472-460 with a SL of 480 on closing basis with a TP of 435-422. There is a sudden spike in the stock which can be a hint of change in trend but there is no confirmation which can lead to a buy signal as per our analysis this might be a hint of change in trend.

The RSI is showing divergence; it is not confirmed by higher high.

Advice : Sell in the Range with Strict SL

GRAINGER

Nov 07 2021