K-TOS

Evening star at upper trendline test for SBI

NSE:SBIN   STATE BK OF INDIA INR1
35 0 3
With Nifty             being in overbought levels, we see SBI             at the upper trendline. Although it broke to the upside, we see classic evening star formation at the upper trendline.

I would be cautious if I'm long here. You might want to sell your position partially and wait for a pullback towards,

T1 - 200
T2- 195
T3- 189 for short term.
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