Pappu_Feku
Long

Looking Oversold

NSE:SBIN   STATE BK OF INDIA
Any fall in State Bank of India from the current price levels in the upcoming curtailed trading week could provide a great opportunity for investment

Comments

Srimukha, thanks for commenting. While I agree that a possibility exists of some more downside, the risk reward ratio at current levels is extremely favourable. Depending on how SBI performs in the coming week, will be updating my view with the best possible entry & exit points.
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Very risky to buy now.. as per option chain analysis, it can go down till 270
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