Hi friends ,
Looking at SBI chart,Anice impulse from 2016 lows completed near 310+ in aug 2017 let me put the chart to show that.
The impulse is a text book impulse following golden rules 3=1.6(1) and 5 almost equal to 1 .
After 5th up we are nearing end of a impulse in shoter timeframe let me put that chart too.
current situation 265 is strong support,As long as 260 holds the stock can do 290+ .Lets see how stock performs in coming time.
I hope 238 will act good support
ReplyDeleteThis didnot work as i was anticipating..
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