Get started
STATE BANK OF INDIA

SBI - Who will break first? BULLS or BEARS?

By Lucifer759
Updated
SBI seems to be in a narrowing range for the last 1 month.
A break on either side will decide the trend of PSU banks and Banknifty.
Lets wait and see...
Note
Stock still in range. Tomorrow's RBI policy may give us a direction.
Note
An hourly closing below 283 is a selling opportunity. targets are 274 269
Trade active
Sell at 283 with a stoploss of 291 targets 274 269 256
Trade active
Modify stoploss to 288
Trade active
Modify stop to 284
BANKNIFTYsbinTrend Analysis
Lucifer759
Also on:

Related publications

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.