Monday, February 11

Short term technical Calls:SBI,TCS and IVRCL

SBI

SBISBI has been falling relentlessly from 2535 till 2276, As discussed on 29 Jan unable to cross 2550 SBI can start short term decline, Stock took support at 2420 levels for 3 days as soon as closed below 2420 downside breakout happened with a quick decline till  2276.  SBI is now at important support of 100 DMA @2290. As seen in past stock consolidates near 100 DMA for 2-3 trading sessions and ultimately show a move up. Will it be 3 time lucky?

Buy above 2302 Tgt...

 

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