Yes Rajesh.
It is in a down trend. And yeah it is a contra trade. But, I expect it will touch something 2725 - 2750 and will bounce upto 3000 levels.
Thank you for your inputs.
It is in a down trend. And yeah it is a contra trade. But, I expect it will touch something 2725 - 2750 and will bounce upto 3000 levels.
Thank you for your inputs.
Looking at the chart, SBIN is currently in uptrend for long term but downtrend in short term.. So its really depends on the type of player u r..
Contra trades are very dangerous and one must be well equipped with sound capital, excellent money management and a good strategy of averaging..
Contra trades are very dangerous and one must be well equipped with sound capital, excellent money management and a good strategy of averaging..