Buyable yet not attractive enough
BUY
- Above 4.18 for a possible trend reversal
- Inverted hammer signified a possible trend reversal
SELL
- Make a tight SL within 4 – 5%
- The possible interest hike (US) will give a boost to it although OPR should probably remain the same for FY21
RATIONALE
- Trend reversal
- But not much meat can be obtained unless one goes for long here for div
**the analysis is solely for my own references and learning
- Above 4.18 for a possible trend reversal
- Inverted hammer signified a possible trend reversal
SELL
- Make a tight SL within 4 – 5%
- The possible interest hike (US) will give a boost to it although OPR should probably remain the same for FY21
RATIONALE
- Trend reversal
- But not much meat can be obtained unless one goes for long here for div
**the analysis is solely for my own references and learning