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How To Trade : BHEL, RBL Bank, SBI, SAIL and Bank of Baroda

SBI : Stock is in correction mode but support exists near 319-15, hence a long trade is advisable with stoploss below 310. Below 310 stock can test 300-290.

SAIL: Stock is trading in an upward channel and currently stock is near bottom of the channel.Stock if failed to hold 37 can test 34 and if holds 37 than target will be 40-44

Bank of Baroda : Use dips to add around 94 with sl 90 for targets of 101-04-108.


RBL Bank : Stock has support near 334 . Below 334 stock can test 322-14 to 300-286 while on sustaining here targets will be 376-405 minor resistance(best entry) is placed @345.

BHEL : stock ha good support near 46 from where stock reversed multiple times, however as per downword channel in which stock is moving since last 2 years stock can test 40 below 46. Start accumulation here and add more on dips near 41-42 with sl below 40 for targets of 55-60 and above in medium term.