Monday, January 10

SBI and Infosys Technical View

Infosys Technology

Infosys will be declaring its result on 13 Jan and Stock looks precariously poised looked technically as its near 20 EMA.Stock saw a steep fall on Friday trading sessions.
If Stock breaks Friday’s low 3356 breaks Stock becomes a clear sell
Sell below 3356 TGt 3319 and 3268

State Bank of India

SBIN has corrected 25% from the highs of 2500 to low of 2600 .Rate Sensitive is correcting are taking a knock on rising inflation and fear of rate hikes.
SBI was in bull market and is now touching its 200 DMA. …
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