Monday, March 14, 2011

SELL SBI BELOW 2548...OR BUY WITH THIS SUPPORT...LETS WATCH

AS PER  CHART OF SBIN WE SEE IS IN UP CHANNEL AND TODAY ITS GIVE A CLOSE NEAR CHANNEL’S SUPPORT LINE, ONE CAN GO LONG IN THIS STOCK WITH STOP OF 2548 FOR TARGETING 2627-2655,


OR IF ITS BREAK UP CHANNEL AND TRADE BELOW 2548 THAN ONE CAN GO SHORT IN THIS STOCK WITH STOP OF 2578 FOR TARGETING 2535,2512,2490,2476. (OUR VIEW IS BULISH IN THIS STOCK BUT DUE TO MARKET MOVEMENT WE CAN TAKE CHANCE ON BOTH SIDES).

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