GaneshMishra

SBI technical analysis.

Short
GaneshMishra Updated   
NSE:SBIN   STATE BK OF INDIA
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.
Comment:
Book your partial profit @ 216
Comment:
ready for big move.
Comment:
bellow 200
Comment:
SBIN near the target, I'm ready for booking profit.
Trade closed: target reached:
Finally today my all target hit.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.