InsiderB
Long

SBI : Biased towards upside breakout

NSE:SBIN   STATE BK OF INDIA
From the SBI chart you know the direction I expect and its ready for breakout. Why Gap up ?? if you are wondering why, if a gap happens you will miss out the trade which will hit targets & you will be scolding yourself for not taking trade on friday evening.

Anyway, only if you are willing to risk over two days then check with your plan & trade this SBI setup.
Happy Trading !
Comment: Went against Me, Not us :D

Comments

That makes two of us. Will the Bearish Butterfly come with upside breakout?
+1 Reply
InsiderB nirav5
@nirav5, Woah ! I love it, Bulls are grouping here... ;)
Reply
Wow looks nice Sirji
We hope it do not leak on down
+1 Reply
InsiderB ashpats
@ashpats, Everyone is dumping money (deposit) in SBI, so lets inflate for another 23 points then dump it down !
Reply
@InsiderB, Give me also some part of it - My SBI account is empty- hahaha
+1 Reply
InsiderB AbhishekHSinghCMT
@AbhishekHSinghCMT, Account may be empty but your lockers are stashed to full volume :)
Reply
@InsiderB, You are a champ
Reply
InsiderB AbhishekHSinghCMT
@AbhishekHSinghCMT, Thanks buddy, you too
Reply
ShanTrader InsiderB
@InsiderB, Incase both of you have any excess cash you can send it to my account. A bit of news for today evening is that SBI has collected Rs.1,14,139 crore of cash since demonetization has started !! May that is the sweet news the bulls wanted hear to start their run !!!!
Reply
InsiderB ShanTrader
@ShanTrader, See beyond that Boss, they have chance to show inflows (+ deposits) against (-NPA's) in their balance sheet, So better performance will be on sheet but in reality ?! Anyway I'm not Chartered Accountant, though I'm crazy on that profession :)
Reply
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