There is a bullish flag pattern breakout with ultra high volume. RSI is above 70 which shows overbought. There might be some consolidation or not before the next up move.
Whats your view with today's closing? I see technicals indicate buy,,!!
kalyanganguly
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@gopinathk, I am still long on this. But considering RSI is overbought, there would be a consolidation phase unless the RSI is cooled off. I will enter around 48-50₹ levels based on the price action.
gopinathk
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@kalyanganguly, Thanks. Daily RSI still hot...above 70...!! Today's consolidation is healthy...!! Isn't this a good entry point with a discount price?