NSE:SBILIFE   SBI LIFE INSURANCE
After giving a breakout in daily time frame it appears to have completed its pullback near the hourly/daily kumo support. As long as its above 820 it could attempt a rally towards 870 and above that an ATH for 925
Comment: 1st level done now trail at 855 for next level of 925

Comments

Great analysis sir, are you still expecting 925? 848-850 seems to be a firm support
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@kbharihoke, wait for the pullback to end between 825-840. Yes 900-925 v much on the cards
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kbharihoke Dinesh_C_Nagpal
@Dinesh_C_Nagpal, Makes sense sir,Thank you for the prompt reply :)
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@kbharihoke, alternatively give it at least an hourly close above 865
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kbharihoke Dinesh_C_Nagpal
@Dinesh_C_Nagpal, Got it sir,thanks again. Also sir,Concor view negated? SL 404 closing basis or triggered?
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kbharihoke Dinesh_C_Nagpal
@Dinesh_C_Nagpal, Good morning, would just like to thank you and congratulate you for your view. Like you predicted, the stock pulled back to precisely 825 level and is now sitting at 900. Expecting 920-925 soon. Have a good day!
+1 Reply
@kbharihoke, You are welcome
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