STATE BANK OF INDIA
Updated

SBIN momentum weak.

233
SBIN(303) : With negative divergence and momentum being negative, expecting SBIN to drop down to 288 .More possibility to further breakdown and test 235-240.
Trading strategy : Sell below 307 with SL 311 for above targets.
Trade active
SBIN @294 with intraday low @292.Target 260 seems to be more possible.
Trade active
( SBIN @286 @ 13:45 ) SBIN Target1 288 achieved. Target 2 235-240 Active. keeping SL 292

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.