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4 Oct 2009

Day Trade to Success with Indian banking Share : SBI | 05-09 Oct


State Bank of India is in an uptrend in short term and thus share can move higher to the levels of Rs 2,270-Rs 2,350.

In case stock is able to sustain above 2350 on weekly basis than the stock can rise to the levels of Rs 2,390-Rs 2,550.

Thus as a strategy one can be long in the stock till the time share is able to trade above the level of Rs 2,135 and one can go short if stock closes below 2075 levels.

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