![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj1YELaxl5v2a6fM19t-H4vaB6ZB-KTDvvdbXLc733egHkYM7mUEKaDdCmv5UFeUSFKZV7yvPDKGsuUhH6ochwIYoYWP82MlspiHLcnkCmw-I_ww-vmktqkK5G8Sz0n1sJdoZ4eb7MqKAKi/s1600/SBI+Weekly+chart.png)
- One hour chart of SBI is seeking support at Golden ratio and 50 Hour SMA.
- SBI Bears need a close below these levels to extend the weakness in weekly chart. Weekly chart is moving toward a Dark Cloud cover pattern which can be confirmed only if the current weekly candle engulfs 75% length of the previous bullish candle.
- If price takes support at 50 Hour SMA an up move is possible and thus avoiding a bearish pattern in weekly chart.
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