SBIN
Buy at / above: 1774.51 Targets: 1784.16 - 1794.74 - 1805.34 - 1815.98 Stoploss : 1764
Sell at / below: 1764 Targets: 1754.39 - 1743.93 - 1733.5 - 1723.11 Stoploss : 1774.51
Sell at / below: 1233.76 Targets: 1225.61 - 1216.87 - 1208.16 - 1199.49 Stoploss : 1242.56
Buy at / above: 1774.51 Targets: 1784.16 - 1794.74 - 1805.34 - 1815.98 Stoploss : 1764
Sell at / below: 1764 Targets: 1754.39 - 1743.93 - 1733.5 - 1723.11 Stoploss : 1774.51
LARSEN TOUBRO
Buy at / above: 1242.56 Targets: 1250.76 - 1259.61 - 1268.5 - 1277.42 Stoploss : 1233.76Sell at / below: 1233.76 Targets: 1225.61 - 1216.87 - 1208.16 - 1199.49 Stoploss : 1242.56
Technically both the stocks have now reached an oversold position and will take support at the trendline.
NIFTY FUTURE TRADING LEVELS
Buy at / above: 5058.76 Targets: 5074.02 - 5091.84 - 5109.69 - 5127.57 Stoploss : 5041
Sell at / below: 5041 Targets: 5025.77 - 5008.06 - 4990.38 - 4972.73 Stoploss : 5058.76
Sell at / below: 5041 Targets: 5025.77 - 5008.06 - 4990.38 - 4972.73 Stoploss : 5058.76
You may see a gap down opening but the markets may recover eventually . We hit a low @4989 which was 50% retracement from the previous high. Trade with strict stoploss and book profits on way.
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