Bearish Divergence is sheen in RBL Bank.
It can retest the breakout level of 550 and start upward journey.
It's good opportunity to grab those missed out for a target of 700.
View negated if support of 550 breaks with heavy volume.
Watch out for strong closing above horizontal area.
Hidden Bullish Divergence
A weekly positive close may lead to new high.
CDSL forming an inverse H&S??
Good move is expected
-> Failed Flag breakout on down side
->Retrace from 50-60% level
->Possible C&H formation
Motherson Sumi - H&S formed in weekly chart. Look for breakout of neck line at 300 with heavy volume for downside till 208
Yes bank is in clear down channel and a probable cup & handle