- SBI Testing the falling resistance line discussed in an earlier post.
- If price does not pull back from here then the targets could be near 2252 levels.
- Major resistance points will be the weekly cloud top and 100 Week SMA.
- Price testing 78.6% Fib level, Trading above this level will extend the up move towards 2252.
- Bears need a weekly close below the falling resistance line.
- CRUDE OIL RISING WEDGE BREAKDOWN
SBI Chart Analysis
DISCLAIMER
All the contents of niftychartsandpatterns are for educational purposes only and are not Investment Advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures. Niftychartsandpatterns shall not be held responsible for the actions of individuals, parties, or corporations taken in response to the ideas, thoughts, concepts or information presented in this blog. Hence all the visitors are requested to apply their prudence and consult their financial or investment adviser before acting on any of the Ideas in this blog.




0 comments:
Post a Comment