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sankatradesindia

SBI to reverse after an evening star

Short
STATE BK OF INDIA (NSE:SBIN)  
sankatradesindia  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Technical Indicators Chart Patterns sbin SBI banks short SELL Evening Star eveningstardoji Support and Resistance
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trendanalysis indicator chartpattern sbin sbi banks short sell eveningstar eveningstardoji supportandresistance
SBI formed an evening start after an uptrend and is likely to fall till the next strong resistance.
Initiate short calls.

Sell at 193.5. Target at next resistance, ie, 182. Stop loss at 50 DMA, ie, 197.

NOTE: Supreme court to have a hearing on the interest waiver case. SBIN
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