Singkat

andhrabank looks bearish in short term

Telah dikemas kini
the level of 58 played a crucial role in Andhra bank. Initially it acted as a resistance then broken, and gave support in couple of instances, Now as it is broken and price retraced to this level, now it should act as a resistance.

If this crucial level is saved then price may slide down to 54 - 53 levels.


Note: this is not a short selling advice, as fno trading is quite risky.
Nota
andhra bank sliding down, closed at 50.90.
Nota
In weekly, it is at trend line support, syot kilat
Nota
price reversed from the trend line support in weekly, and moving up smartly, syot kilat
Bearish PatternsretestingSupply and DemandSupport and Resistance

Penafian