Corto

andhrabank looks bearish in short term

Actualizado
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, imagen
Nota
price reversed from the trend line support in weekly, and moving up smartly, imagen
Bearish PatternsretestingSupply and DemandSupport and Resistance

Exención de responsabilidad