Need to cross the levels mentioned in the screenshot- 213 and give a proper closing
Volume burst still buyers are bullish even at 913 level Good buying opportunity at 807 levels where it broken the trendline and resistance with Volume Over RSI its is still in momentum with weekly, monthly, daily charts. An upside till 950 still expected.
Now the 100days EMA is at 272 --again far away from where we are at- 7% fall. Consider it being a volatile stock 7% is nothing ,however as per analysis, if its take support at 289 then there is an upside expected, however, if it breaks 289 then the fall till 272-274, buying is heavy at 289 and 274 levels. Being a heavy beta stock could be a good bet at 274 levels.
Analysis- 24-03-21 ================== CMP: 359 SBI Bank is currently at a very crucial level of support. Trendline lying at 359 and if broken with the volume we can get 339 then it can further fall up to 307 and next support is 273. 307 which is a moving average of 50 days huge support level. Long Term users can wait and initiate a buy order at 307 levels, as...