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VishwasKotwani

SBIN Can Resist From This Crucial Resistance Level.

Short
STATE BANK OF INDIA FUTURES (NSE:SBIN1!)  
VishwasKotwani Updated   
NSE:SBIN1!   STATE BANK OF INDIA FUTURES
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
SBIN is near its crucial weekly resistance level. Plus, RSI is showing a negative divergence. It is a perfect R:R trade if one wants to go short. (Attached : Sector's Chart Link)
Comment:
First Target 532. *
Comment:
DAILY-LOW MADE 522. However, huge buying can be seen from these levels. Candles forming a hammer. Which deviates the trade idea.
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