stock has give a breakout from downward sloping channel with high volumes
stock might move either ways from here close above 4125 (has to climb 3 moving avg. bunched together) trade on long side for targets towards 4199/4255/4273 (sl 4083) close below 4051 might take the stock lower towards 4001/3963/3875 (sl 4114)
nifty bank is trading well above even 30 ma even BB is over stretched
...explained in charts...
...explained in charts ...
it seems correction in this stock is over formed a base and getting ready for bounce
stock after up move corrected and forming a base might resume the trend