January 30, 2012

SBI Chart Analysis

  • SBI is trying to break the Weekly channel resistance line.
  • Daily is also testing 200 Day SMA. Price is showing some weakness here. We might see a consolidation here before the next big direction. Price closing above 200 SMA will be positive for bulls to extend this up move. For bears they should get closing below 10 Day EMA or 20 Day SMA.
  • BANK NIFTY WEEKEND UPDATE
  • NIFTY WEEKEND UPDATE
  • MCX COPPER WEEKEND UPDATE


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