- SBI is trading above its 50 Day moving average which is good for bulls. But price is about to test the resistance line in weekly chart and the 20 Week Moving average.
- Earlier the up move was started by a perfect hammer candlestick in weekly chart. Now if it is to continue price has to breakout and sustain above the resistance line and Middle bollinger band. Any weakness at the above mentioned levels will be an opportunity to go short.
- NIFTY WEEKEND UDPATE
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