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.