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Justification: SBIN on daily chart looking very weak from last seven trading session where it had been cooling off from 200 level till today also it has been closed in lower side at 179.95 on close. we are expecting this counter to get strong support in coming days around 165 on close basis. On Technical parameter if we plot a study called " GANN SPEED LINE " than the stock should found support around 179 to 175 in coming trading session and also we are predicting RSI indicator should also support the chart pattern around 30 value.
Alert: the counter had respected gann speed line support at 179 on close basis so we can expect some bounce back till 191 level in this week where it can face stiff resistance at 200DMA
Technical analysis help a trader to follow right track of trading which will create high revenue to the traders. Epic Research performs technical analysis for the traders.
Alert: the counter had respected gann speed line support at 179 on close basis so we can expect some bounce back till 191 level in this week where it can face stiff resistance at 200DMA
ReplyDeleteAlert: Yesterday first target achieved. ..
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ReplyDeleteCapitalStars
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ReplyDeleteTechnical analysis help a trader to follow right track of trading which will create high revenue to the traders. Epic Research performs technical analysis for the traders.
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