Trading near important support.
Breaking below 444 will trigger some selling that can drag sbi till 400.
400 level is good support to go long.
On the flip side if managed to close above 450 will take it up to 500.
Market create a base /support .bank-nifty take support for previous level ..OI bank-nifty or nifty increase ..this is indicate market create a base ..
this time to buy ..this is my opinion and yours comment below ..thank you
- on the weekly chart :a clear selling signal in last week's candle
- on the daily chart : big red candle shows the presence of an important selling pressure
- personal opinion : the price will fluctuat a little but settle on a down trend
- best move : SELL