Amit_Ghosh
Long

SBIN Option Trade

NSE:SBIN   STATE BK OF INDIA
SBI             has fallen from the top when NIFTY             cracked due to the Geo             political tension and due recovery cause the tension has been stabilized.

RBI Report is bullish for PSUs and SBIN is really a strong bank to fall thanks to the support of Government and dependency from its huge customer base.

We can spot a three dive pattern here with Fibonacci legs of 2 and 0.886 (assumptive). Take Profit and Stop loss has been decided with Fibonacci.

SBI             Aug 270 PE is at 0.25. With a lot size of 3000, it is about the profit of 750 INR             for tomorrow.

One can either sell SBI             Sep 270 PE which is at 4.05 or can buy SBI             Sep Futures which is at 278.45 right now.
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out