June 2, 2011

STATE BANK OF INDIA approaching channel resistance

  • SBI Four hour time frame with the descending channel.
  • Price is near the channel resistance.
  • So this move will face resistance at around 5370 levels.
  • For bigger up move to happen price should break the channel on the upside.
  • SBI INTRADAY LIVE CHART
  • NIFTY ANALYSIS

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