* Monthly candle made doji pattern * Made High near Life time high 1729 Life time high is 1734 * Last three month volume is increasing * Stock trading in channel reverse from lower channel * Wait for closing of three Days above 1709 * On the base of positive news stock gap up today from last day high 1640 to 1683 today's Low. * Any rate between 1640-1683 might be buying opportunity with stoploss of1623 * There is also very good support of average (cluster of supporting average are 1614-1650) * Bounce from last 9 days tight consolidation * Volume is highest ever in last 3-5 month * MSCI reconsecration might be near 20th Feb.
One thing to be consider that between 1700-1740 total 4.28 New call writing visible.