Stock Review [SBIN]
In the wake of the RBI Policy Meet tomorrow, I found it only fitting to review what SBIN was doing. We had covered this stock on 30th May 17, read that post here.
Lets see what has transpired so far…..
One of the PAPs was a FA above the top of the recent range that was forming on SBIN. And we did get that. Now we dont predict how SBIN will react tomorrow, but can anticipate and develop a trading plan, with the information we currently have.
We do have a FA so logically we should do the opposite end of the bracket. I have marked some important references to the downside on the chart which might come into play tomorrow.
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