SHORT SBI FOR 279 , WEAKNESS AHEAD IN BANK NIFTY AND SBIN
SBIN TODAY HARAMI CANDELSTICK PATTERN FOUND AND SO FOR TOMMOROW WE MAY SEE BULLS TO WIN OVER BEARS IN MARKET.
HI, I hope everyone is doing well. as the start the last couple of months is really depressing for banking sectors as every major public sector banks is suffering at the moment and it's quite hard to just rely on the Technical side of these assets so just keep in mind that the risk is a little high while we try to go long on them, but it's really interesting to...
Hey Guys, Happy Monday.. Only we traders have the guts to say Happy Monday instead of Monday Blues :P So lets jump to our analysis and why I am planning for an counter trend trade in SBI. This is one of my favorite setups to trade, No matter what others say or think...I am deeply in love with counter Trend bcos it makes us analyze various reasons to enter trade &...
Note : Unless some macroeconomic news affects banking sector, SBI has good potential to move up in coming weeks as most of loans written off & market has adjusted to that. But Jun 14-16 with Fed meetings markets can react , Feds always do what they think right not what needs to be done. The zone marked above has been tested 4 times, so I am expecting it will be...
Lets keep patterns, triangles and Wave theory aside for sometime. Lets keep it simple for State Bank of India , as you can clearly see simple trend continuation and we are planning to buy on the pull back completion. Some may feel that how can we be so sure ? Well, as per my rule book trend continuations with good risk :reward are valid enough. Please check...