InvestPro_India

SBI Bank | Play for a Bonce

Long
NSE:SBIN   STATE BK OF INDIA
The stock is falling since the last few trading sessions and going to fill the Gap soon, looks good to buy near 358 for a bounce.

To motivate me, Please like the idea If you agree with the analysis.

Happy Trading!
InvestPro India Team
Comment: We may reach our buying level tomorrow.

Comment: Great move today, look at the low today guys, I mentioned buying near 358 and it made a low of 357.25. Our trading room members bought it at 357.5 and booked great profits Intraday.
Happy Trading!
InvestPro Team

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Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research.

Comments

good working👌👌
+1 Reply
InvestPro_India Future_Trading
@Future_Trading, thanks.
+1 Reply
why you want to be so bullish at this high? after a great rally--think about big boys supply here at this high not a place for long. risk high reward uncertain.
Reply
@sumith_mv, I am not bullish but ready to play a bounce near support. Risk Reward is favorable for sure.
Reply
@sumith_mv, That's kind of the move we were expecting.... we asked our Trading Room member to buy SBI today at 357.5 and it gave a great move in Intraday. In the future, we booked 12 points which becomes 36000/- profit in few hours.
Reply
As per current scenario, don't think for bounce back. I think, will break trend line & goes down.
Reply
InvestPro_India ankushojha08
@ankushojha08, let's see what market does.
Reply
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