Looks like SBI has some more downside left off. It formed a
penetration pattern yesterday with decreasing volumes, but today despite RBI
bond buying the confirmation of the pattern is not done.
Yesterday at tradingkamai office we where feeling very high
seeing the penetration pattern with decreasing volumes but today’s
non-confirmation has kept us completely on hold.
So let’s wait for some more pattern formations but with
confirmation for a safe trade. So for now stay away until the pattern is formed/confirmed.
See syllabus for Technical analysis training in Mumbai,India.
Please read our disclaimers before investing http://tradingkamai.blogspot.in/p/disclaimer.html
No comments:
Post a Comment