If support level breaks then shorting opporttunity and first target would be 41.90 going long we need more confirmation like double bottom on RSI or in the price itself.
Thanks for providing such insights, i have a buy position in NBCC call options , please suggest me what to do.
Ilikethehell
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@dbaanils, Monday 29th july is expiry for derivative segment. although price is at support zone and there's a inside candle closed on daily time frame. it's a decisive candle monday opening will descide trend if it kicks up then certainly bull will have control looking short term pullback target is 52.62 and if it breaks down then 41.90.
We know that price is at crucial zone and anything can happen. if you're too early holding calls don't worry either it will hitt your stop or move in your way.