sankatradesindia

SBIN on 50 DMA breakout

Long
sankatradesindia Updated   
NSE:SBIN   STATE BK OF INDIA
SBIN is piercing through the 50DMA on daily chart with above average volumes. If it opens higher and continues to move above the 200 levels which has proved to be a resistance before, on intraday, long positions can be made with a target of 205. SL at 195.
Comment:
Target achieved. BOOM!
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