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Lucifer759

SBI - Who will break first? BULLS or BEARS?

STATE BK OF INDIA (NSE:SBIN)  
Lucifer759 Updated   
NSE:SBIN   STATE BK OF INDIA
Trend Analysis sbin BANKNIFTY
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trendanalysis sbin banknifty
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...
Comment:
Stock still in range. Tomorrow's RBI policy may give us a direction.
Comment:
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

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