Tuesday, October 9

Technical Calls:SBIN,Infosys and PFC

In a narrow market, when prices are not getting anywhere to speak of but move within a narrow range, there is no sense in trying to anticipate what the next big movement is going to be up or down. The thing is to do is to watch the market, read the tape to determine the limits of the get-nowhere prices, and make up your mind that you will not take an interest until the price breaks through the limit in either direction. A speculator must concern himself with making money out of the market and not with insisting that the tape must agree with him. Never argue with it or ask it for reasons or explanations. Sock-market postmortems don’t pay dividends.- Jesse Livermore


SBIN

SBI is near its trendline support of 2261,Break of same can lead to 2160 which is support area.

Sell below 2260 Tgt...


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