Reliance support at 1900 closed at 937 near 1930-25 add 1960 call 30-25 zone risk 15 for 40/45/55 Reliance can move 1944/1950/1964/1970
SBI moved last week all our targets it closed 360 will open up add SBIN 360call for result play 13-16 zone risk 10 for 19/20/21/22/24/27/29
SBIN spot can move 364/366/368/371/374/376 and 382 first above 385 it can move 400/409
Shree Ganesha Namah
Last post we given SBI near 358 it given 2 times opportunity to trade and moved 10 points
https://denimnifty.blogspot.com/2021/05/new-stock-idea-sbin-2-10-days.html
What is next ,
SBIN is looking breaking out zones can play in 360ce , yesterday also given it moved 13.4 to 18.6 , today can buy near 363-366 for target of 368/370
option 360ce support n buy zones 13-16 targets 18/19/20.4/21.8/23.8
This option is expected to move step wise short-term every day from dips will see buying interest
Sup is near 348 zone weak below 340/350
Drreddy last time we given on fb for target of 5250/5300/5400 it hit ,
Now result is on 14may a bullish setup is seen can trade in 5400ce buy zone till 5265 156-170 zone for 200/230/250
if anyone wish to trade in 5300ce its 180-200zone expected target 5400/5500/5600 spot zone from 5265 and option targets 260/290/330/360
Risk in drreddy is below 5065
SBI INDIA'S LARGET PSU BANK ,
We played SBIN from 180-200 levels to 400+ Now we saw it had done correction of almost 3-4 months Last top was on 18th Feb my bday , 427.7 and recent low on 19th april 321.3
Coming week we see a bullish pattern in SBIN , from low it came up but not cross the last top 364.5, 371.9
As recent structure is bullish with support at 354/ 348 a Buy for longside target of 362.9/ on crossing this 364.5/366.7 next level to watch, its slow and steady mover above 367 level it will attempt 371.9 and 376
Why many levels imp as this heavy weight stock attempt target as per level and those level act sup or res for 1 hr 1 day , As one by one targets achieved TSL can b shift or can be played multiple time by booking at res and adding on dip or crossing level
For NEXT week - SUP 348-354- 357 Target 362.9-364.5-366.9-371.9-376
SBI option 360ce in range of 12-15 risk 8 for 17/19/22.7
