Currently, looks as a irregular flat which is unfolding in wave-2 where possible test of 235-240 zone can be reality in couple of months as that zone has formed multiple supports so it will be of prime importance to us.
In future if 235-240 zone supports then we shall plan to buy "State Bank of India - Stocks- Nothing else"
Key Level- 297
Any bounce we will take sell with 297 as strict stops or we keep checking interim for unusual price behaviour-if any -I shall keep posting.
Next - 274-275
Long Term Target for 235-240
We will not hurry here & want 280 to be taken out downside now to see the structure & shall decide to sell on the bounce so we will wait in current situation as Bank Index is strong.
Abhishek H. Singh, CMT
India Regional Manager
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
very Nice Guidance.
On Monday I'll place a Bracket order of ( shorting price;283 to 285 with Stoploss of 3(i.e 288) rupees and target of 8(277) rupees )
any view on this bracket order ?
Hi Abhishek. Just wanted to give you a feed back on your good work . one small price of advice or request. Please post a fresh stock every Monday for trading for that week. It would be of great help.