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18 de Jun de 2016 08:02

Evening star at upper trendline test for SBI 

STATE BK OF INDIANSE

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With Nifty being in overbought levels, we see SBI at the upper trendline. Although it broke to the upside, we see classic evening star formation at the upper trendline.

I would be cautious if I'm long here. You might want to sell your position partially and wait for a pullback towards,

T1 - 200
T2- 195
T3- 189 for short term.
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