LT is near 1360 , adding 1360ce 40 risk 33 for 44/47/52
Spot level 1365 to watch for 1378/1385 sup 1350
Monday, May 10, 2021
Saturday, May 8, 2021
New Stock Idea - SBIN 2-10 Days
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
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