SBIN WEEKLY RECTANGE BREAKOUT POSSIBLE

SUMMARY
-look at the week chart of sbin
-once a weekly close above 550 is achieved
-positional trade opens up for 600-620-650 zone
-banknifty breakout and will test new all-time high
-diwali target again in sbin 620-650
-will update target
-540 call option oi has seen 1.5m in short-covering
-base is shifting higher

DISCLAIMER
*my views are not trade recommendation
*please consult your financial advisor
*do not over trade
*manage risk and manage risk appetite
*for live market update click on the link in signature box
*it my personal channel for live F&O TRADES

Comment:

545-557 TILL NOW

Trade closed: target reached:

545-575
SHORT TERM TRADERS CAN HOLD FOR 585-590