Aavas financiers - technical learning

1) This is daily chart 2) More respect for SMA 50 3) Earlier working as resistance then support in the middle of the chart 4) Once broken now the same is acting as resistance. 5) Also, RSI is below 40 trend is bearish in short term. 6) All this is for information 7) This is not a buy/sell recommendation. 8) 1500-1520 is the major demand zone for the stock 9) Although the sector bias is positive, but the Nifty/Market is not supporting Thank you, Technofunda24