In the world of stock market, there are numerous trading setups that traders opt for. With the development of mathematical formulae and advanced trading software, traders, nowadays, are gifted with many technical indicators that provide futuristic trends & probabilities.

Now, we are entering the month of May on a very fragile note and also coming across a number of priests pontificating about the gloom & doom times ahead of us, given the fact that Nifty has witnessed a ‘Death Cross’

Many stocks are seen breaking their important support levels; however, there is one particular stock that has literally led to the tears of blood for its shareholders as it plunged over 18 per cent on Thursday.