Short
andhrabank looks bearish in short term
Updated
the level of 58 played a crucial role in Andhra bank. Initially it acted as a resistance then broken, and gave support in couple of instances, Now as it is broken and price retraced to this level, now it should act as a resistance.
If this crucial level is saved then price may slide down to 54 - 53 levels.
Note: this is not a short selling advice, as fno trading is quite risky.
If this crucial level is saved then price may slide down to 54 - 53 levels.
Note: this is not a short selling advice, as fno trading is quite risky.
Note
andhra bank sliding down, closed at 50.90.Note
In weekly, it is at trend line support, Note
price reversed from the trend line support in weekly, and moving up smartly, 
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