Technicals on SBI,TCS and AXIS BANK
SBIN Daily Chart
SBI is forming an ascending triangle formation with support around rs 2780 levels and resistance around 5 EMA 2905 levels.
Stock has fallen from a high of 3400 to a low of 2700 in a matter of few trading sessions and a bounce till 3000 can be excepted for the stock.
RSI,MACD and STOC are oversold on charts on both daily and weekly
SBIN Weekly Chart
TCS Daily Chart
TCS has staged a sharp pullback from the support of its 50-DMA this week (as seen …
Read the full story »
SBI is forming an ascending triangle formation with support around rs 2780 levels and resistance around 5 EMA 2905 levels.
Stock has fallen from a high of 3400 to a low of 2700 in a matter of few trading sessions and a bounce till 3000 can be excepted for the stock.
RSI,MACD and STOC are oversold on charts on both daily and weekly
SBIN Weekly Chart
Buy above 2862 Tgt 2895,2917,2972 and 3035
TCS has staged a sharp pullback from the support of its 50-DMA this week (as seen …
Read the full story »
posted by Bramesh at
4:36 PM
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