Allahabad Bank short setup.

٥ ديسمبر ٢٠١٦

Allahabad Bank has been trading in down trend in a channel respecting support and resistance today it closed on bullish sign and may see upside but limited up to 69 as channel resistance, we may see further reversal from 69 level to channel support around 64 in near term. traders may enter short at 69.00 with a target of 64.00