IIT-Trader

SBIN--Resistance becomes Support??

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NSE:SBIN   STATE BK OF INDIA
After a strong break above the major resistance,now price is again at the same zone.
If this resistance acts as support,this stock will again be bullish.keep safe from this zone.
If this failed to push upside will observe a continuous down momentum in this stock.
Yorum:
Keep in long side as long as price is above 620.
Yorum:
if price is again facing the resistance at trendline...and breaks support will go for short.
Yorum:
This bullish move is to retest the support after broken the strong support at 620 level... Careful before long

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Feragatname

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