SBI Life - Short Term Buy - 21 April 2022

Hi,
SBI Life is trading in a Upward channel and above todays high it can go upto recent highs around 1280 in coming days.
As of now its a good buy above todays high of 1149 with a SL of 1117 and target of around 1270 - 1290 is a strong resistance.
Daily Macd is again giving a buy and Weekly Macd is also giving a buy.
RSI is nicely placed above 50 and is showing bullishness.
Price is playing above Monthly Pivot and now gearing to go up.

Disc : For Educational Purpose Only.

Ordre annulé:

Did not go above the expected high.Trade is cancelled.