INDUSIND Neutral Nov Expiry Options
Long term support at 1290, bounced from there
Still in the descending channel
Right now at the top of the descending channel
Can breach right through it or get rejected
If it breaches, it will retest this trend line and move upwards
If it rejects then move downward
Still in the descending channel
Right now at the top of the descending channel
Can breach right through it or get rejected
If it breaches, it will retest this trend line and move upwards
If it rejects then move downward
Komen:
High probability of moving upwards as RSI shows a bullish divergence
Komen:
Taking support at 1350 - 1360... should move up again from here