indiamarketoutlook
Short

SBIN Channel Trade Opportunity Take 2

NSE:SBIN   STATE BK OF INDIA
SBIN
CMP 298.60

Last time we took a shot in SBIN at 300.85 and it worked well achieving it's 1st target


https://in.tradingview.com/chart/SBIN/Er...




Looks like we have a re-take opportunity. Will it achieve its's 2nd target this time round. Only time will tell...

Consider to sell again in the zone of 298-301.50

for target of 292 / 288

sl if closing above 303


Take care & safe trading...!!!
Comment:

SBI
cmp 295.65

Thats a decent 1% gain with minimal risk. Intraday traders may consider to book profits

In case u liked the idea and find the analysis helpful do hit the LIKE button

Happy trading...!!!
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