This is just speculative view, on the day of Muhurat BNF had given signs of breakout and today it had a very strong rally of over 1%, tomorrow we may have some premium eating, but I expect rally to continue to 30400-500 in next couple of days, maybe to day of expiry. Determining time for such a thing can be like looking into crystal ball, but I have confidence in...
T1- 175; T2-179
50EMA - FLAT
RSI: Wk>50: Dl<50
Fall with less Volume +ve sign
RSI Wkly with +ve divg
RSI Day & smaller TF - ve divg
PA changes to HH - HL (up trend)
with BO ABV 168 both on Wkly & Dly TF,
view valid till it maintains closing ABV 150
#Yesbank weekly #bearish RSI #divergence from Sep 2016 till Sep 2017 seems to show early signs of getting resolved by passage of time.
A weekly close above 395 & #RSI hitting Overbought territory will be the perfect recipe for a wild rally in this stock.
buy around 135.8 sl 134.8 target 136.95 138.25 ,140.65
buy nmdc 135 ce around 3.65 sl 3 target1 4.2, 5.35, 6.75 positional
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