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subravi
May 22, 2021 3:16 AM

SBIN 401 - Our review 

STATE BK OF INDIANSE

Description

SBIN 401 - As long as SBIN close below 401, we expect it will follow 5-0 pattern and test 303 .
Comments
Chinmayonniftyy
sorry to say but your view is totally wrong 😂 it will cross 450 very soon....
subravi
@chinmaypatnaik, Trading is 50/50 possibility and we will reverse trade if we find our view get negated. Our view will be negated if SBIN close above 405. Until then we will be negative. Earlier in feb when SBIN was trading around the same 405 and everyone were bullish we posted with reason for why we expect target 335 in below links and it happened.
We follow technical. SBIN has rallied 40 percent in the current year 2021, so far, and surged 151 percent in the last one year.
ajaylife007
@chinmaypatnaik, yes, their are few reasons for upward move.
1. Result
2. breakout in the stock with high volume and closes on higher level.
3. breakout in banknifty.
Newtrader74
i suggest you dont go for short selling for SBI, as i think your view will fail
subravi
@Newtrader74,Sure, I am not biased. I will trade according to the trend. But Could You please let me know the reason why You think this will fail ?
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