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24 Jan 2010

Indian Stock Tips | Shares Tips | SBI | 25-30 Jan 2010

SBI has broken key support at the level of Rs 2,125 and thus it can fall to the levels of Rs 2,041-Rs 1,872. However if stock takes the support at the levels of Rs 2,050, than stock can bounce to the levels of Rs 2,223-Rs 2,329. Thus as a strategy one can short the stock if the stock fails to move above Rs 2,223. Thus one has to keep an eye on the level of Rs 2,050 which if broken means that the stock can fall to the level of Rs 1,872.

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