📈 Pre-open MTF #PriceAction Analysis by #KRMG (21 Sep)
👉 Stock 2- #SBIN
👉 Sector - Bank
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 468 level which was its ALL TIME HIGH as per hourly timeframe and now it is trading below to its important Support of 443 level
Yesterday on its way to downtrend it got strong rejections from PDL Level and continued the downtrend till day end
It has space till 430 on downside if it sustains below CZ, and may even reach near 425 level if convincingly closed below 435
🎯 Coming to sectoral pattern - #NiftyBank is trying to sustain its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
👉 Sector - Bank
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 468 level which was its ALL TIME HIGH as per hourly timeframe and now it is trading below to its important Support of 443 level
Yesterday on its way to downtrend it got strong rejections from PDL Level and continued the downtrend till day end
It has space till 430 on downside if it sustains below CZ, and may even reach near 425 level if convincingly closed below 435
🎯 Coming to sectoral pattern - #NiftyBank is trying to sustain its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG