ALLAHABAD BANK
- Stock currently facing golden ratio support @ 112, close watch if stock closes below 112 then weakness expecting for next few trading days. Intraday close watch once stock starts trading below 112 during market hours, if holds below 112 then intraday weakness expecting.
- Stock also trading below 100 DMA this will favor bears, and also stuck in a range bound zone , whenever stock comes out from its range sharp movement expecting.
- According to stock analysis chart no3, stock is coming down from strong resistance zone, and on down side will find support around 112 and 91. Close Watch.
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