The primary trend of Monks Investment trust is bullish but from last few trading session it did not manages to sustain at higher level & forming distribution pattern with the low volume. Stock can show down side movement after breaching of it’s near support level i.e. 377 and facing strong support with 200 DMA breaching of it can show selling pressure in the stock with 50 DMA is acting as good stop loss level at 381 for the target of 365.