Technical Analysis:SBI,RIL and Oracle Financials

Forget about predicting and thumping your chest with pride when you are right. If you think you are smarter than the net total of all participants in the markets then good luck. Money is made by going with the flow of the market until the flow changes. Your job is to find ways to actually measure what is happening and use the market action as a guide to your own actions. You also have to carefully manage your risk so you can survive being wrong and still have capital to profit when you are right.

SBIN

SBI taking support at its breakout trendline.Break of trendline will come at 2145-52 levels.

Sell below 2145 Tgt

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