ParimalDevnath

BharatFin

NSE:BHARATFIN   None
An uptrending stock consolidation for quite sometime. Not able to give another breakout. Negative Divergence in MACD has triggered and bears are sitting cool by heavily selling at 1200 Calls-- highest OI. Price closed below 50 DMA and remaining below this MA, it may head towards 100 DMA at 1112 where bulls have taken good position by writing at 1100 Puts. So it may take some time to breakout.

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