Rahul Ji,
SELMCL, is an Operator Based Stock. I have Evidence, this Guy sold a huge stake at 650 Levels and has 50000 more shares to sell.
This Stock is very Weak at this Moment, because it is Trading in the T3 Zone.
T3 Zone means the Current Price Action of this Stock is in the Negative, the stock has closed below all its Major Averages.
I can only say one thing, this Stock ( SELMCL ), should Sooner or Later Close above 335 and only on a Close above 335 it would head towards 391.
In Short, the Conclusion is that further Short Term Uptrend for this Stock would be above 335 only.
Expect Profit booking at 390 Levels. Above 390 next level is 435. This Outlook is for the Short Term.
I hope the Level of 335 on the Uperside is Taken Care of Very soon.
Anyways, Take Care.
Regards,
Shravani