Short as per price lables on chart
Took support and hammer formed. Price likely to move up breaking the EMA.
Price bounce back from support. Doji pattern observed. Target and SL marked on chart.
SBI formed Bearish engulfing and today downtrend confirmed. Further yesterday it touched trendline and will fall now.
As per my understanding blue lines are resistance and support while bank nifty will move in mentioned range. Please correct me where i am wrong.
