SBI Life trading near strong resistance - Keep it on your radar

31 thg 3, 2022

It's important to be patient at this kind of level.
SBI Life's price is trading near its Support turned resistance zone. it has broken out of it but the volumes are below average.
Although RSI & MACD are showing strength, one should wait for the price to retest this level before taking any trade.
There's no buy/ sell level. this is just an observation and I'm going to keep this on my radar.

10 thg 4, 2022

Giao dịch đang hoạt động

SBI Life has reclaimed the support and formed a Strong candle supported by good volume.
This is a perfect signal to deploy a buy order. We can look for any correction on the smaller timeframe for a better buying level.

Buy level - near 1160 or lower
Stop loss- 1099.5
Target - 1127, 1290