Route to Long watch - could be boring :-(

There are many things going other-way with management.

• Promoters selling
  
• DII - FIIs off-loading --> free float shares
  

After consistent financial performance earlier to 2 negative qtrs now.

On Fundamental side - its developing matter.

However looking at the technicals, I can see 2 possible cases

1. Price probably should take the support at "Porus Support" (red dash line) - mean while company may turn financials positive or any positive news.
   
   1. Price will go down for consolidation until the fundamentals signal any positivity. Settle at the bottom - try multiple times to come out of the resistance.. takes long approach of elongated consolidation and then give the breakout.
      
   
   
   Good to Wait & Watch how it will play. 🤞