SBIN - Hammer at support with low RSI شراء

STATE BK OF INDIANSE

الوصف

⋅ ٢٥ أيلول سبتمبر ٢٠٢٠ ١٨:٥٤

Note: This is for educational purpose only.

There seems to be a hammer candlestick pattern formation which is formed at the previous support levels. This hammer is apparently seen to be forming at the lower band of Bollinger band as well. RSI has bounced from oversold zone.

Entry Price: ₹183
SL Price: ₹171
Target: ₹195 - ₹210

التعليقات

anarchylife

⋅ ٢٩ أيلول سبتمبر ٢٠٢٠ ٠٤:٠٠

SBI should hit 314-323 in less than 6-9 months.. i.e June 2021.Easiest/safest investment in town

LuckySangom

⋅ ٢٥ تشرين الأول أكتوبر ٢٠٢٠ ١٤:١٣

no chance

ganesrhraja

⋅ ٢٦ أيلول سبتمبر ٢٠٢٠ ١٦:٤٨

I second that. But hammer needs to be watched for another day. If it goes up tomorrow or if the candle is green tomorrow, that is a bullish signal

kalyanganguly

⋅ ٢٦ أيلول سبتمبر ٢٠٢٠ ١٧:٠٢

@ganesrhraja, 100% agreed. Aggressive traders can buy on the high of the hammer.

المزيد