SBI
SBI as per last analysis clearly mentioned range of 1980-1974 very crucial range as per Fibo Spiral and Gann, Stock made low of 1970 and bounced back sharply at 2075 levels and closed at 2065 . Now next important gann number is at 2068 levels,unable to cross the same pullback will be expected .
Buy above 2075 Tgt 2095,2110 and 2115 SL 2065
Sell below 2057 Tgt 2044,2025 and 2014 SL 2065
Jubilant Food
Jubilant foods has been under pressure from level of 1120 fallen like 9 pins till 950. Stock is near important fibo fans support and holding the same pullback rally can be seen till 987 odd levels.
Buy above 967 Tgt 975,982 and 989 SL 960
Sell below 950 Tgt 944,938 and 930 SL 960
BHEL
BHEL is forming a perfect descending triangle , pattern failure come with close above 184. BHEL turned from important gann number of 175. So till 175 is not broken on closing basis stock current correction is over and next important resitance comes at 220 odd levels.
Buy above 184 Tgt 185.5,187 and 189 SL 182.5
Sell below 180 Tgt 178,176 and 174 SL 182.5
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