Considering festive season in near term and ratio chart are showing that consumer durable may give good returns in coming week
After small correction, it seems again going towards upside and hence one may look into it for coming weeks.
It seems that this sector may outperform in coming days to week. Oil prices are at high and fall in oil price may help OMCs and other related stocks.
It seems that it is coming to retest breakout point in ratio chart and then it should move higher. So it is better entry point for long here.
It has broken out in ratio chart in coming week some out performance is expected from BNF. Try to get on the right side with SL. Some major banks may rally in coming week.
I am expecting out performances from FINNIFTY in coming week. Some long can be made here with SL
After long time the bank seems coming out of consolidation zone. Hence keep watch here and entry can be taken at proper point with good risk reward. This may give good upside with sometime so target may be kept accordingly.