IIT-Trader

SBIN--Which is Support Trendline or Resistance??

IIT-Trader Updated   
NSE:SBIN   STATE BK OF INDIA
Observations::
the stock is trending upwards.
------>>Today SBIN is showing Bearish pressure.
-------->>Bearishness is continue or Reversal May Happen at 570 levels.
---------->>Previously A strong selling pressure is observed at 570 level ,look at the reaction at these levels to go upside or downside.
---------->>Previous Resistance if turned as Support again, price will rise.
------------>>price break and acts as resistance more fall is going to observe. keep an eye at these levels.
------>> we have a trendline support as well, keep look at these levels.


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Comment:
SBIN--Falls below 570 levels.

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