If resisted @ 9500-9630 region, a correction to 9000 is possible. Staying within the channel, it can move to new highs.
This steep upmove may pause and the type of correction(Shallow or deeper) will give clues to its further upmove.
I will post its TA position later.
1 comments:
Sir waiting for your update on this
i too expect a steep fall in sbi so want to utilise it fully.
(reference - http://passionatetrader.blogspot.com/2009/11/looking-for-shorts-now-first-is-sbi.html)
kindly update bank nifty chart if time permits.
Kind Regards,
Nirav Shah
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