AbhishekHSinghCMT

SBIN- Don't Marry Your Stocks- What a move from 285

Short
NSE:SBIN   STATE BK OF INDIA
5
S-L -- First Short & Later Long

Almost 20 days back - I wrote that avoid emotional attachment & be careful at 285- Today stock touched 256.

Going Forward
It could get support from ii-iv trendline which comes in the zone 245-246 but we will get that move only once it starts moving below 250-252

If it holds or spends time in that zone & takes support or even gives false breakdown & bounces back above the trendline- bulls it will be your turn to join the SBIN queue.

Avoid Emotional Attachment- Click the charts & load the bars

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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