SBIN--Resistance becomes Support??
Updated
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.
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.
Comment
Keep in long side as long as price is above 620.Comment
if price is again facing the resistance at trendline...and breaks support will go for short.Comment
This bullish move is to retest the support after broken the strong support at 620 level... Careful before long
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