praveen.gupta

SBI Long @ Rs. 183 or Below

Long
praveen.gupta Updated   
NSE:SBIN   STATE BK OF INDIA
SBIN
Entry 183 or below
Target 232
SL 166
SBI has formed weekly DZ 149 to 162, and Daily DZ 167 to 171.1 which is an tested zone so probability is less here to respect it in case of downfall and late on formed an 1 hr DZ at 177.5 to 182.2 which is fresh and move is excellent. on the supply side SBI has formed weekly SZ at 210 to 232, but looks week due to sentiment can be broken easily. so here is an opportunity to enter in SBI for long trade in Buy at 183 or below and hold for the two weeks.
Trade active:
Script traded first two days above 184, and i observed a strong support at 184 , but on Thursday and friday it entered in our price range . But did not hit the SL price so calculation was correct, If buyed below 183 then hold it for profit.
Trade closed manually:
close the position at no loss no profit , stock is dull now and now showing + ive movement.
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