Recent Drop @ SBI - is it a buying opportunity or need to wait
Analysis- 24-03-21
==================
CMP: 359
SBI Bank is currently at a very crucial level of support.
Trendline lying at 359 and if broken with the volume we can get 339 then it can further fall up to 307 and next support is 273.
307 which is a moving average of 50 days huge support level.
Long Term users can wait and initiate a buy order at 307 levels, as its good a support level.
==================
CMP: 359
SBI Bank is currently at a very crucial level of support.
Trendline lying at 359 and if broken with the volume we can get 339 then it can further fall up to 307 and next support is 273.
307 which is a moving average of 50 days huge support level.
Long Term users can wait and initiate a buy order at 307 levels, as its good a support level.