AEL - Heading towards 20 - 21 support zone. Positive for Buying on Dips

On the 30th of Nov we noticed that the prices of AEL were in a historically important consolidation zone between 21.80 and 24.10. The image is below:

Now we can see a break down below 21.80 and heading towards the 20 - 21 support zone. The Main triggers for a trend reversal now will be the Volumes and a reversal of the RSI. This is very important for Traders.

But as suggested in our post on the 30th ultimo, this is an ideal counter to buy on dips. Accumulate between 20 and 21. With a short term target of 22 to 24.10, and a medium term target above 24.10.

The image of the present Daily chart is given below: