NIFTY-
Bears will take hold of situation if NIFTY starts trading below 5464. Below that mark it will try to test 5438 and 5410.
LEVELS for BULLS………
BULLS will dominate market only above 5485. If NIFTY continue to trade above 5485……..more power will be added by bulls to take nifty to the levels of 5502, 5515 and 5540.
SBI
This counter has started showing negative divergence on the chart. So avoid buying.
It has a support at 2680 and 2646 with immediate resistance at 2710. If it starts trading above 2710 and 2735 then on the upside it can touch 2800 and 2835. So buy with strict SL and lot of caution……..!!!
