March 27, 2013
- SBI Daily chart shows a Head and Shoulders pattern with TWO left shoulders. So price may take support at the current level for forming another right shoulder to complete the pattern.
- Price is also testing crucial weekly support line from 1571 level.
- Weekly chart also shows price at Ichimoku cloud. Week must close above the cloud to avoid a bigger fall.
- LARSEN & TOUBRO CHART ANALYSIS
- Move out of the diamond pattern continues to face resistance at higher levels.
- Price is also getting strong support at 100 period SMA.
- Any one of these levels has to break convincingly for a bigger direction to happen.
- BLACKBERRY CHART ANALYSIS