Technical Views on Bank Nifty and SBI
State Bank Of India
SBI has been falling from past 2 trading sessions with other banks and on city group 400 cores scam and banking sector as a whole is beaten down.
SBI has been trading in the range 2655- 2850 and now is in lower end of the range and we are seeing positive divergence on RSI.
Trade can be taken in SBI looking at trade set up and risk reward is turning up.
Buy above 2703 Tgt 2725,2758 and 2780 SL 2682
Bank Nifty
Bank Nifty has retraced sharply in past 2 trading …
Read the full story »
SBI has been falling from past 2 trading sessions with other banks and on city group 400 cores scam and banking sector as a whole is beaten down.
SBI has been trading in the range 2655- 2850 and now is in lower end of the range and we are seeing positive divergence on RSI.
Trade can be taken in SBI looking at trade set up and risk reward is turning up.
Buy above 2703 Tgt 2725,2758 and 2780 SL 2682
Bank Nifty
Bank Nifty has retraced sharply in past 2 trading …
Read the full story »
posted by Bramesh at
9:00 AM
0 Comments:
Post a Comment
Note: Only a member of this blog may post a comment.
Subscribe to Post Comments [Atom]
<< Home