October 25, 2011

SBI Chart Analysis

  • SBI was not able to stay above 50 Day Moving average, Was stopped exactly at the cloud too. With overbought stochastic if sustains below 1886 will attract more selling.
  • S&P 500 EOD ANALYSIS
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4 comments:

  1. IlangoOctober 25, 2011 at 8:41 AM

    Hi...SAN,

    Wish you a very Happay & Prosperous Deepavali.

    Best wishes.

    ilango

    ReplyDelete
  2. SanOctober 25, 2011 at 8:50 AM

    @Ilango Sir

    Thanks for the wises. Wish you and your family a happy Diwali.

    ReplyDelete
  3. DKGOctober 25, 2011 at 12:38 PM

    Hi SAN,

    What;s ur down side tgt of SBI?

    ReplyDelete
  4. SanOctober 25, 2011 at 1:29 PM

    @DKG

    1808 is an important support. If that does not hold then the recent lows may get tested.

    ReplyDelete

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