STATE BANK OF INDIA TECHNICAL ANALYSIS.
HELLO FRIENDS I AM AGAIN WITH A NEW IDEA . FRIENDS I HAVE SBINS CHART PATTERN .FRIENDS IT IS MAKING EVENING STAR CANDLESTICK WHICH IS A BEARISH SIGNAL BUT YOU CAN ALSO SEE THERE IS A ASCENDING TRIANGLE CHART PATTERN . ITS STRONG SUPPORT PRICE IS AT RS 192.50 IT IS A GOOD AND STRONG SUPPORT . AND ITS RESISTANCE PRICE IS AT RS 197.90 , ALSO YOU SHOULD NOTICE THAT IT IS AT ITS BREAKOUT POINT AND CAN GO UP OR DOWN BUT I THINK THAT IT WILL GO UP ON MONDAY BECAUSE IT IS ASCENDING TRIANGLE AND BECAUSE IT IS A BULLISH REVERSAL CHART PATTERN SO IT CAN GO UP . BUT WE SHOULD NOT FORGET THAT THERE IS EVENING STAR WHICH CAN TAKE IT DOWN ALSO .
MAIN POINT :- FRIENDS IF MONDAY IT GOES UP MAKING A GREEN CANDLE HAVING A LARGE GREEN VOLUME THAN YOU CAN BU ANOTHER WISE IF IT GOES DOWN WITH HIGH RED VOLUME THAN YOU CAN SELL IT . THAT,S MY OPINION WHATS YOUR OPINION YOU CAN WRITE IN THE POST .THANK YOU LIKE AND FOLLOW ME PLEASE .
MAIN POINT :- FRIENDS IF MONDAY IT GOES UP MAKING A GREEN CANDLE HAVING A LARGE GREEN VOLUME THAN YOU CAN BU ANOTHER WISE IF IT GOES DOWN WITH HIGH RED VOLUME THAN YOU CAN SELL IT . THAT,S MY OPINION WHATS YOUR OPINION YOU CAN WRITE IN THE POST .THANK YOU LIKE AND FOLLOW ME PLEASE .
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