SBIN has declared highest quarterly profit ever. So i recommend one yo buy sbin at 544 and accumulate st 520 and 500 with a stoploss 490 and target 570 600 and 620
On weekly chart nifty 50 has created piercing pattern if nifty open above last week high then its a good time to go long in nifty50 18100 ce monthly expiry would be a good idea to hold.
With a 20% Stoploss and target atleast 30% to 50% in premium
If nifty fail to sustain then we may see a down swing again
Key levels for nifty would be
17800 pivot
18000...
On daily chart inverse head and shoulder pattern breakout done but on weekly time frame it is yet to give a head and shoulder breakout.one can buy this stock above 157 or 158 SL 152 Target 165 to 170
