SBI on its weekly chart has touched its 50 simple Moving average and bouncing back. A little support from the nifty is enough to take this stock to higher levels.
Inverse head and shoulders pattern is in formation on the daily chart. Target prices are 280, 288 and above in short term. Buying on dips can be more profitable.
Hi,
fellow traders,
here I have marked important price points which I suggest you mark and watch the stock.
I will list them down on 4 Grades, Grade 1 being the strongest and Grade 4 being the weakest.
Grade 1 Support - 257.4 , 254,3, 234.9
Grade 2 Support - NA
Grade 3 Support - 250.2, 243.75
Grade 4 Support - 252.9
Grade 1 Resistance - NA
Grade 2...