Keep an eye on SBIN. This week in this counter time & price are going to get squared.
On Friday i.e on 03/Aug'18 it closed @ 299.25. This counter may find resistance in the zone of 308 - 311.65. One may look forward for shorting opportunities while looking @ the price action in the zone of 308-311 with SL @ 314 on closing basis.
Pressure date is 08th & 09th Aug.
Also, a close above 312 may take this script towards 325, 343, 361.
On Friday i.e on 03/Aug'18 it closed @ 299.25. This counter may find resistance in the zone of 308 - 311.65. One may look forward for shorting opportunities while looking @ the price action in the zone of 308-311 with SL @ 314 on closing basis.
Pressure date is 08th & 09th Aug.
Also, a close above 312 may take this script towards 325, 343, 361.
**The above readings are for educational purpose only.**
** Disclaimer: these are my personal views and for educational purpose and trade taken on these observation should be traded with strict SL. Please also read the detailed Disclaimer mentioned in the Right side of Blog.
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