SBI is well placed for a long term bull run. But charts seem to indicate a desire to go lower around 300 or below before it goes for a longer run up.
in two days when the index us rising, SBI was moving down. This is not trading advice. Please speak to your consultant before you place any trades.
This on request from Avoudhut2411 . The Smallcap Index seems to have moved up in clear 5 waves. We cannot be completely sure that wave 5 is complete but the index is ripe for a correction at a larger degree. Any comments ?
Axis Bank has completed a clean 5 waves down and was among the few stocks that did not close in the red today despite the Nifty going down by 100 points. Feel that a corrective bounce is due now in the range of 508-533. Any comments