SBI : Rectangular Ranging - Waiting for Breakout !
Its almost a month [25 days] SBI is ranging completely within 223 - 235's, probably it may range for another week. If breakout happens expect that will be wild n crazy, in my opinion ( I may be wrong) - I expect there won't be any pullback. But conservative traders can opt to stay out, can enter if any pullback happens in SBI. Moreover Nifty is also caught in some kinda ranging just with hourly swing moves.. SBI being a mover of Nifty, lets watch how things happen...
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Enjoy Weekend !!
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Enjoy Weekend !!
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