Sunday, March 24, 2013

SBI WEEKLY CHART OF MORE THEN 4YRS.

AS PER THIS CHART WE SEE IS IN EXPANDING TRIANGLE PATTERN AND LAST WEEK ITS CLOSE JUST ABOVE SUPPORT LINE(YELLOW) 2025, LAST WEEK ITS MADE "BEARISH EVENING STAR" CANDLE STICK CHART PATTERN ON WEEKLY BASE. IF THIS WEEK ITS  CLOSE ABOVE 2025 LEVEL AND MAINTAIN THEN WE SAY THAT NO SUPPLY AT LOWER LEVEL AND WE SEE SOME REVERSAL IN THIS STOCK VERY SOON. SO ONE CAN WATCH CLOSELY THIS STOCK AND TRY TO BUY ON DEEP NEAR SUPPORT LINE WITH SOME STOP OF BELOW 1-2% ON CLOSING BASIS FOR GOOD UPSIDE MOVE. 

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