שורט

andhrabank looks bearish in short term

מעודכן
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.
הערה
andhra bank sliding down, closed at 50.90.
הערה
In weekly, it is at trend line support, תמונת-בזק
הערה
price reversed from the trend line support in weekly, and moving up smartly, תמונת-בזק
Bearish PatternsretestingSupply and DemandSupport and Resistance

כתב ויתור