BHARATFIN stock technical outlook on 29 November 2016
is top gainer in F&O segment and trading at 733 almost 8% up. Stock is deeply oversold and hit low of 591 in this panic selling. Stock fallen from 888 and hit all downside targets. Technically stock is in downtrend and coming off from the oversold zones. On upside my targets are 734 which is almost achieved today and above it next will be 770. traders with long positions made at bottom must trail stop loss to protect profit and above 734 expect next swing target of 770 rupee in December series. can buy BHARATFIN 740 on decline with stop loss for big medium term gains. This stock call options rallied form low of 15 rupee premium to 36 rupee high. From medium to long term view, last swing low was best investing opportunity for targets 950 and 1060 which can be expected in next 6 to 12 month period.