Wednesday, July 17, 2013

SBIN bottomed out - low risk highest reward trade

SBIN bottomed out .low risk highest reward trade..sbin kissed its medium term double bottom yesterday .Buying at this level may give gud  return of 25 to 30%within 85  to 90 days  means 2100 to 2200 are possible targets buying at and above 1800 with stop loss at 1785 will be a better investment .

possible positional targets are marked at eod chart  ..1933  2075  2250 2350

please note each target may be reversal level also ….so adjust your trade and stop loss when hits any of the levels  mentioned above..

Trade with stop loss …exit from trade  if trades below sl but  reenter again if moves in our direction with same sl ..

there is no harm in buying at 1790 with sl at 1785…

Feel free to book your gains  any where  at your satisfaction.



SBIN bottomed out - low risk highest reward trade

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