STATE BANK OF INDIAUpdated State Bank of India channel trade potential
SBIN
CMP 300.85
The stock has been trading in a channel for quite some time now..
Potential trade opportunity
Channel trade potential
Sell at cmp
Target 295/ 288
SL If closing above 303
Break out trade potential on close above 303
Target 310/318
SL 296.5
Take care and safe trading...!!!
CMP 300.85
The stock has been trading in a channel for quite some time now..
Potential trade opportunity
Channel trade potential
Sell at cmp
Target 295/ 288
SL If closing above 303
Break out trade potential on close above 303
Target 310/318
SL 296.5
Take care and safe trading...!!!
Trade closed manually
SBIN CMP 296
Channel trade has given us more than 1.6% intraday in SBI with mimimal risk. Consider booking profits as per risk appetite.
Happy trading...!!!
Note
Watch out... Breaking 50 hour EMA @ 295.30... May fall further
Note
Below 50 hr EMA SBIN Moves swiftly to 293.35
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.