It pays to notice the channel. Else the link is cut!
While the results are good on many accounts, forget the missing estimates, the visibility is clear. This space will remain as split as anyone can look.
While one can bank on HDFC, it is the SBI that will take sheen out of everyone. The Missing Key to the bank, true to its LOGO.
There are many parts, the only hurdle that comes is the broader market out-look, spaces in Finance and the heavy weight that is holding the up move.
Suffice to place 47200-48200 range for the market to muse over. We did this many times, is it different now is the question. Today is weekend and the close is important. How much is the shadow or the wick that market is willing to leave for the next move is the interesting point.
There is not much reward to short around the 47200-47400 area, neither any reward to go long above 48000 as of now.
That sums up for now!
While the results are good on many accounts, forget the missing estimates, the visibility is clear. This space will remain as split as anyone can look.
While one can bank on HDFC, it is the SBI that will take sheen out of everyone. The Missing Key to the bank, true to its LOGO.
There are many parts, the only hurdle that comes is the broader market out-look, spaces in Finance and the heavy weight that is holding the up move.
Suffice to place 47200-48200 range for the market to muse over. We did this many times, is it different now is the question. Today is weekend and the close is important. How much is the shadow or the wick that market is willing to leave for the next move is the interesting point.
There is not much reward to short around the 47200-47400 area, neither any reward to go long above 48000 as of now.
That sums up for now!
TA Primer ping me on +96895753093 +918106170817 details @sribhashyam65 twitter handle