Wednesday, November 13, 2013

SBI - Results Today - May decide the Market's Trend

Dear All,
SBI result today. Most analyst expect a concern on its asset quality and Net may slip due to higher recoveries, Overall market remains nervous due to Nifty moving on its last support. So a roller coaster may happen today. I feel SBI on its 4th sub wave move, and it may possibly move as a-c-d-e or may continue it 5th wave downside if breaks the channel as shown on chart. Interesting day along with SBI. Lets wait and see
Best Regards, Krish.Venkatesh for N4A