SBI technical analysis.

Updated
If you are a long-term investor, be careful because there is a long term trend is negative.
According to my analysis there can be a very big fall in this stock. So every upside movement exit in this stock and create aggressive short position down side target is 150 to 160 , It's gonna be so soon. According to technical analysis stock traded in 350 to 150 range. when stock touch 160 level you can invest aggressively.
I'm very confident for taking a short position in this stock. So be careful.
Note
Book your partial profit @ 216
Note
ready for big move.
Note
bellow 200
Note
SBIN near the target, I'm ready for booking profit.
Trade closed: target reached
Finally today my all target hit.
Beyond Technical AnalysisChart PatternsTrend Analysis

Also on:

Disclaimer