There are no strong buyers in the Market ... Short term mode is SELL but wont recommend going with sell side
****SBIN is currently in Sideways trend and current very short term mode is sell
In Jun series SBIN future shed 25.47 lakh position in Open Interest also not that the open interest is not increasing with uptrend so be careful and discount of share is...
If it cross the Fibonacci 100% Level then might move near 12400 then possibly a retracement can happen as mentioned by Elliot Wave Analysis.
Trade according to your own risk reward.
Targets are mentioned .
Targets are mentioned.
The share is in perfect uptrend .
Currently share is in strong uptrend and supported with good volume.
Share comparatively performed better than market.
Perfect time to entry when the it breaks the resistance region.
This is meant for midterm setup ..(With in next 6 month)
You can buy when daily candle close above the BUY-ZONE
STOPLOSS and POTENTIAL PROFIT is Mentioned Clearly
Expecting sidewise movement in the current region . if it breaks the KUMO cloud possible target is 11440 .
If it breaks the cloud then it have the potential to reach up to 12000 then after slight waiting signal(consolidation for minimum one or two days ) then it reach higher heights.
November 3 is crucial because the United States presidential election is...
SBIN is currently in Sideways trend and current very short term mode is sell
Last day we seen series SBIN future(OCT) shed nearly 31 lakh position in Open Interest which accounts nearly -3.1 % of Total Open Interest in OCT series.
The open interest is also not increasing with downtrend, which means this is a time for caution so don't lose your chips
What you...
