Supportbreakdown
INTRA-DAY TRADE IN MINDTREE INTRA-DAY TRADE
BUY PUT OPTION JULY CONTRACT
BUY 900 PE @10
STOP@4.5
TARGET@20
LOT:1200
QTY:2
state bank of india looks bearish in short term to medium termhead and shoulder pattern formed with a neck line around (281.5 - 280.5) level, which was a strong support also, which got broken later. Now price is retesting the broken level.
Here the pattern tgt - 256, and sl should be just above the right shoulder - 296.5 .