SBI — At trendline support.

SBI

 

SBI – Technically showing some reversal signs from the trendline supports. The recent breakdown at 2050 will continue to remain a problem.

Closing above 2050 will be an indication of medium term bottom made.

4 Comments

  1. dharanikumar
    July 30, 2012

    sir, please watch longterm charts of union bank of india,,is it buy @150

    Reply
    1. Nooresh
      July 30, 2012

      Union Bank of India technically is weak but highly oversold.

      Reply
  2. Tejas
    July 30, 2012

    Hello Nooresh,

    Please share your views on current decline in subex. Can we buy at this level for medium term.

    Thanks
    Tejas

    Reply
    1. Nooresh
      August 6, 2012

      Hi Tejas,

      Its more of a falling knife as of now technically. If you have more study on the stock can bet. No view from me

      Reply

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