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...
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Stock still in range. Tomorrow's RBI policy may give us a direction.
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An hourly closing below 283 is a selling opportunity. targets are 274 269
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Sell at 283 with a stoploss of 291 targets 274 269 256