IPO India Information (BSE / NSE)

Sunday, October 16, 2011

I have spotted a triangle in SBI

Even thought SBI have managed to fill the gap. i was able to spot a triangle in a 5 day chart. if SBI manage to open above 1900. we will see SBI heading for higher Resistance which are 1900/1919/1934 . if triangle fail we will see a free fall between 1800 to 1750.