SBI(1994) BOOK PROFIT PARTIALLY

Dear All

Our calls performance

SBI returned 35% Gain from Our recommended price of Rs 1501. Made High of 2030 level.

Refer Post:    SBI TECHNICALS - REVERSING OR NOT

 

TVS returned 16% Gain from the Breakout levels we recommended. High 101.50.

Refer Post:   Will TVS Motor Break 7 year Chart Level

 

Book Profit SBI Partially

Now we suggests Book partial Profits in SBI as Stock may find Strong resistances at 2052-2071 levels. Chart also suggests Overbought in Daily Charts & Previous support may act as Strong resistance.

 

 

 

SBI TECHNICALS - REVERSING OR NOT

Dear All,

STATE BANK OF INDIA (Price: 1501)- 18th Feb 2014

In Last 9 Months SBIN made lows near 1450 levels Three Times. 

Recovered from the Lows of 1450 levels.

Will it be a Short - Term Bottom In place for SBIN

Wait & Trade

LONG Traders/Risk Takers & Buy SBIN with Strict SL @ 1450 levels 

or Hedge with PUT options

Chart Courtesy: Chartink.com