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SAIL made a bearish breakout , further weakness expecting as long as holds below 75.


  • Stock has closed below its major trend line support zone @ 75.
  • Previous support is now acting as a major resistance for SAIL, as long as stock holds below 75 further weakness is expecting.
  • On down stock stock will find support around 70 as per line analysis.
  • Investing in penny stocks.

M&M moving in a range bound zone, sharp movement expecting once it closes and holds below its pattern.


  • Stock moving in a range bound zone, chart indicates as long as it is moving in between its pattern trend will be mix.
  • Once stock closes below 1195 its support, then further price fall can be seen in coming days.
  • Stock also finding 200 days moving average support at current levels, M&M will favor bears once it starts trading below 200 DMA. Close Watch.
  • National Saving Certificates.

SBI to test strong support between 286-290.



  • SBI witnessing sharp selling after closing above its major resistance.
  • Chart indicates SBI is now heading to test its major support zone between 286-290 (Trend line & 100 DMA).
  • Bulls have some hopes to bounce back.
  • If stock fails to bounce back and closes and holds below 287 then further price fall can be seen in coming days. Close watch.
  • Stock market tips.
  • National Stock Exchange (NSE).

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