Simple Rules applied
first low 101.60
second Low 101.70
third low 104
and crossed the 115 highest picks of which has the most volume.
Rules called it is inverse Head and shoulder breakout it will work up to 125-140
General Trend is negative but there is huge psychological support near 100 and it is taking support again and again
So it might be a good candidate for short-covering in last expiry week Deal with call put
Buy RBLBank Call of 100@19 stop-loss 10 targets 30-40
first low 101.60
second Low 101.70
third low 104
and crossed the 115 highest picks of which has the most volume.
Rules called it is inverse Head and shoulder breakout it will work up to 125-140
General Trend is negative but there is huge psychological support near 100 and it is taking support again and again
So it might be a good candidate for short-covering in last expiry week Deal with call put
Buy RBLBank Call of 100@19 stop-loss 10 targets 30-40