- For bulls a daily close above 5 day high EMA should result in a bounce.
- Weekly chart shows price bouncing from Lower bollinger band. If last week's lows are held then a channel is likely to play out as shown in the last chart.
- Crucial resistance levels if nifty decides to move up are
- 5 Day High EMA 4934
- 5 Month Low EMA 4937
- 5 Week Low EMA 4975
- SBI CHART ANALYSIS
No comments:
Post a Comment