Monday, August 12

Stock Trading Calls:SBI,JP Power and DLF

SBI

SBI

SBI is seeing a range contraction on daily charts and weekly charts have been falling from past 12 weeks. SBI is showing range contraction on weekly chart and explosive move is round the corner. Positional traders should go long above 1686 for Tgt of 1741,1830. Positional shorts should be entered below 1597 for short term target of 1542 and 1453

Buy above 1678 Tgt..


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