Avinash9087

SBIN in Downtrend (Bearish Crossover ) in Daily Timeframe

Short
NSE:SBIN   STATE BK OF INDIA
As we can see SBIN is retsesting. So as per Fib retracement it can take resistance at 525.95 and 541.65. These are importance price level for retesting. For being in downtrent SBIN should respect these levels. I hope this analysis can help you to understant broader view of SBIN.

Avinash K.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.