Short
STANDARD CHARTERED PLC PREDICTION

RECOMMENDATION SELL
SUPPORT level of 1057
TARGET 1047
STOP LOSS 1067
CHART FORMATION:-
Stock is trading in a range and line will lead to downside movement. Stock is trading near the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 49.60 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
SUPPORT level of 1057
TARGET 1047
STOP LOSS 1067
CHART FORMATION:-
Stock is trading in a range and line will lead to downside movement. Stock is trading near the 50 DMA with negative bias.
INDICATORS:-
RSI is trading near to 49.60 level with negative bias, in upcoming session downside movement is expected.
MACD and Signal line is sustaining below the zero level line.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.