STATE BANK OF INDIA FUTURES

Short

SBIN Can Resist From This Crucial Resistance Level.

By VishwasKotwani

Updated

SBIN is near its crucial weekly resistance level. Plus, RSI is showing a negative divergence. It is a perfect R:R trade if one wants to go short. (Attached : Sector's Chart Link)

Note

First Target 532. *

Note

DAILY-LOW MADE 522. However, huge buying can be seen from these levels. Candles forming a hammer. Which deviates the trade idea.

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