STATE BANK OF INDIAPanjang
SBIN Weekly chart show strength & Breakout from imp Resistance
Hi Traders,
SBIN Weekly chart show strength & Breakout from imp Resistance (see chart) & Indicator also showing strength as well.
Bullish view due to below point:
1) SBIN Breakout from weekly resistance.
2) SBIN have make big green candle with good volume.
What Indicator are saying:
1) RSI show earlier Break out mean more strength. Bull will more control stock now. (See chart)
2) MACD Histogram negative bar start decreasing in size mean strength . (See chart)
Sept quarterly result was also good , will give boost to stock price in coming days.
Happy Learning );
Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
SBIN Weekly chart show strength & Breakout from imp Resistance (see chart) & Indicator also showing strength as well.
Bullish view due to below point:
1) SBIN Breakout from weekly resistance.
2) SBIN have make big green candle with good volume.
What Indicator are saying:
1) RSI show earlier Break out mean more strength. Bull will more control stock now. (See chart)
2) MACD Histogram negative bar start decreasing in size mean strength . (See chart)
Sept quarterly result was also good , will give boost to stock price in coming days.
Happy Learning );
Disclaimer : This is post only for educational purpose . Do your analysis before taking position or trading.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.