The State Bank of India is one of the major Constituents of PSU Banks and Bank Nifty .
The SBI had fallen to 232 levels from there it has gone up to 255 lEVELS
At 255 it shall face resistance around 260 .
At current levels the Stock can be sold for a Target of 250 .....248 and 245 .
The Silver is more vulnabrable on the down side than Gold . Silver has always been a Sell on rallies
Silver is unable to cross strong resistance level of 16.8 - 17.2 Zone
Below 16.8 the next support is 16.6 and lower 16.400
Once below 16.400 there is small support at 16.200 and lower major support is 15.800 only
The Silver is trading is this range . Keep ...
The Gold was on the brink of breaking 1308 and move lower to 1280 levels then :
# US Market Tumbled
# Trump Signals Trade Wars
Gold moves up and 3 days flat crosses 1320 ......1340 and reaches 1352 levels ......where next .
Once the market stablizes and there are going to 3 Rate hikes by Fed big negative for the Gold .......
First target 1340 then next ...
The nifty has rallied from 8000 to 11,200 Levels . In Total a rally of 3200 points .
The major support is seen at 9600 levels . Once below 10,400 the next support level was 200 day moving avg . The 10,000 would have been a strong support but the world indicies have started falling now .........the nifty started falling earlier .
# This shall be a consolidation ...