Hello ,
Yesterday SBI has broken off the nice pennant formation and is now headed towards it target of 2000+ . See the attached image.
As per pennant formation we have an possible upside of around 400 Rs from 1700 (where the breakout happened yesterday). I would suggest longs in SBI with 1750 as stoploss . I would like to make the target at 2000 instead of 2100 (as per pennant) just to have a conservative view on this…
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Posted by avinashmkb under
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Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
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Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Posted by avinashmkb under
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Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Posted by avinashmkb under
Trading PicksNo Comments
Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.