niftyji
Long

Buy SBI....purely technical view

NSE:SBIN   STATE BK OF INDIA
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SBI is range bound for the last three weeks between 222 to 235. Any breakout on either side would be fast and furious. Trendline support is at around 220 and 21 Day simple moving average is at 226. Taking into consideration some positive bias, one can keep stop loss at 219 and maintain the long position for a short term target of 242 and medium term target of 255.
what is logic in your chart.....n
what basically u want to show .....
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niftyji sushil6002
My logic is purely technical based on my experience. I assume chart may follow the path expected, with most probability. It may correct or it may not. After all market is supreme.
I want to show rather anticipate the future course of movement and nothing more than that.
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