Sbin
Short $SBIN CMP ₹475.30Short $SBIN CMP ₹475.30. Falling channel pattern. Stock price recently broke 50 SMA with volume. It may retest 50 SMA but MACD is showing no signs of positive volume so it may not be successful. Lowers lows on day chart. Intermediate support ₹450 area. Short term target is 200 SMA which is ₹420 area.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsAnother day of positivity in the markets, but all isn't as rosy this time. We saw several stocks, including ICICI Bank slipping and failing to hold on to higher levels. While this is to be expected given the market's context, it does goes to show that the bears still pose a very real threat! What's your view?