nifty loser-Bosch Limited stock might test 17700 level

BOSCH LTD stock today was the top loser in nifty.
with today move stock extended its downtrend and
heading towards the support of 17700.
fresh low recorded below the pervious low of 18490
which also signifies underlying bearishness of the stock.
for short sellers 19050 is resistance level and stop loss.
on downside 17700 and then in extreme condition 16260
are support as well as target zones in the current scenario.

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Pramod Baviskar

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