Tuesday, June 11

SBI,IDFC and Rel Infra Technical Analysis

SBIN

SBISBI has been falling like pins after making high of 2472 and is now approaching its medium term trendline support. SBI can give a whipsaw by trading below the trendline traders do remember range of 1974-1980 is very important support as per  Gann and Fibo Spiral number and positional shorts can be booked in this range. Positive divergence is also seen in daily charts.

Buy above 2020 Tgt..


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