showing mild divergence and suggests that its in overbought zone. Stock has already touched near the 161.8% fibonacci extension
from its low of 311. 05
(December) and facing resistance near 380 levels. MA on daily charts
is about to give bearish
crossover. Weekly charts has many more to offer. Short buildup is noticed near the ATM strike calls and and long liquidation noticed for ATM puts. Closing below 370 stock may retest 360/350.65/343/335/324 levels in near to mid term. Closing above 380 stock will head towards 400 mark.
Near by support: 370(O)/360(F)
Near resistance: 380(F)