State Bank of India


SBIN (2415) - As said in the "Read First" in the side bar, This is one more proof. " Levels and strategy are given here. you only need ,apart from trading capital , patience and confidance to trade and earn."

1. 28th april posted here 2950 resistance expect correction
as expected it resisted at 2950 and fall started....

2. on 03rd may posted here, this round ultimate down target 2470-2450
yeterday it attacked the down target and even made a low 2401

1(a). (apart from this major fall, as posted on 03rd may it supported in between at 2565 and as mentioned on 09th may it resisted the mentioned level of 2680)

now what next ?

2450-2470 become hurdle. even above this also face hurdle at 2565

2consecutive close below this level (already yesterday closed below this).
further fall to 2140-2110

otherwise it going to be sideways for some time.

PS.: This kind of elaborate write up is not to impress any body but just to inform, this kind of big trades can't come everyday. that to in SBIN  but whenever it comes , try to capitalize it.