AbhishekHSinghCMT

SBIN- Holding Gap Zone for Final Wave above 265

Long
AbhishekHSinghCMT Updated   
NSE:SBIN   STATE BK OF INDIA
5
It seems that it has put an important low@240.35- Today's gap between 243-245 zone should hold for further up move which I am expecting above 265- initial target zone should be similar highs at 271-272 zone.

Intraday session-if SBIN dips in the zone 245-247 can be looked as buying zone with no close below gap zone 243.

Trade active:
14:54 Hrs 7th Nov2016

Last Price@252. 50

Thanks -It started moving in the desired direction.
Comment:
13:38 Hrs 9th Nov2016

Last Price@256

SBI from opening bottom at 235 -Jumping like a rocket at 256
Trade active:
10:52 Hrs 10th Nov2016

Last Price@278

Last Leg is very powerful- likely heading in the zone 305-310 where it completes 61.8% of i-iii wave distance

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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