-SWING TRADE IS AVAIABLE IN SBIN
-ONE CAN LOOK TO TRADE IN SBIN
-INTRADAY TRADES CAN SHORT SBIN BELOW 365
-BUT NEEDS TO CLOSE BELOW 365 IN 30-MIN TIME FRAME
-STOPLOSS WE CAN BE DAYS HIGHS @370
-TARGET CAN BE SET BETWEEN 358-355-352
-A DAILY CLOSE BELOW 352 WILL TAKE THE STOCK TOWARDS 325-341
"FOR PREMIUM TRADES IN FUTURES AND OPTIONS INTRADAY"
SBIN is under consolidation since a month , so finally after waiting for such a long time it has come under bearish zone. There has been a huge Gap up of 30 points on 5th feb , so now it can fill that gap easily , one should wait for a profit of atleast 30 points .
successful is a person who holds his winning trade , new trader will cut the profit making trade...
State Bank of India at ₹100 ? This is a very real possibility if the elliottwave pattern on the long term SBI charts indicated above are right. As can be seen, the 2015 - mid 2019 overlapping but upward titled move can be charted to indicate a long term ending diagonal. The subsequent downmove is clearly impulsive and has now just completed the 4th wave upward...