BROKED THE LONG TERM TREND LINES WHICH WERE ACTING AS SUPPORT AND RESISTANCE SINCE 30 NOV 2015
SBIN CLOSED BELOW THE 200 EMA ON THE WEEKLY CHART .
LOOK BEARISH
NEXT SUPPORT ARE MARKED ON THE CHART AS DOTTED WHITE LINES.
WONT RECOMMEND TO BUY SBIN UNTIL IT COMES 200 EMA
SBIN CLOSED BELOW THE 200 EMA ON THE WEEKLY CHART .
LOOK BEARISH
NEXT SUPPORT ARE MARKED ON THE CHART AS DOTTED WHITE LINES.
WONT RECOMMEND TO BUY SBIN UNTIL IT COMES 200 EMA
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