Short

andhrabank looks bearish in short term

Aktualisiert
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.
Anmerkung
andhra bank sliding down, closed at 50.90.
Anmerkung
In weekly, it is at trend line support, Snapshot
Anmerkung
price reversed from the trend line support in weekly, and moving up smartly, Snapshot
Bearish PatternsretestingSupply and DemandSupport and Resistance

Haftungsausschluss