November 11, 2011

SBI Chart Analysis

  • SBI got resisted at the weekly resistance line.
  • Daily chart is showing a High Volume bearish candle.
  • Breaking below 1827 will help bears to continue the down move.
  • MACD yet to give a sell in daily chart, a sell signal will strengthen bears.
  • Weekly and Daily close below 1827 will favor bears for the coming weeks.
  • RCOM BEARISH ENGULFING
By at

1 comment:

  1. vachasNovember 18, 2011 at 3:10 PM

    hi
    your charts very gud.
    what is your email id. i could not get your id from the blog. pl email the same to my email id plz at jacobvacha@gmail.com

    thanking you
    jacob
    kuwait

    ReplyDelete

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