SL Hunt ?

BN gave bullish breakout when it closed abv 41830. Few of the positional traders might have kept SL at 40800. Few of the traders (bankbees or future or index fund) might be holding with sl of 37380. I expect that SL to get hit. Those who had thought of squaring off position on close below 40800 but didn't square off, may use rise towards 40800 as an opportunity to exit. Will it drop from current level ? Will it go to 40800. Time will tell.

Disc : It's not an investment advise to buy or sell