Saturday, May 26, 2012

SBI CHART ANALYSIS



SBI DAILY CHART
LAST CLOSE : 2007
CLOSING ABOVE 20 AND 200 SMA FAVOURING BULLS.



MAIN RESISTANCE @ 2040 - 2049 - 2069.
MAIN SUPPORT @ 1920


100 SMA WILL ACT AS RESISTANCE @ 2077





FIBANOCCI RETRACEMENT
 38.2 % @ 2060 WILL ACT AS RESISTANCE..


TRADING RANGE BETWEEN 1920- 2040




FORMING SYMMETRICAL TRIANGLE PATTERN....


SUPPORT BECOMES RESISTANCE @ 2047


WEEKLY CHART...

RESISTANCE @ 2049

SUPPORT @ 1802








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