Since from last April BOB is trading inside the Bull channel, Price has managed to make higher highs on rising trend line, Currently Price manged break higher low with the RSI Oscillator divergence, Currently RSI mid-line broken today with Higher- low. Traders can go short on CMP(182) with target-170 Maintain Stop-loss 188, (R:R 1:2) Risky traders trail your targets
On higher channel profit booking is seen in futures as per Open interest data today
Change in Open Interest -65,87,000
% Change in Open Interest -21.93
Data NSE INDIA
Feel free to ask your queries
Risk Disclaimer
Trading is risky before investing, Do your own research.