How To Trade : SBI, SBI Life, ICICI Bank and DLF

Free Angel broking demat account
Now open a free Angel broking demat account through us and claim 50% discount on our weekly session on "How To Trade Intraday". Share proof of account opening on whatsapp@7737093555. To open account click below link

Learn Technical Analysis (online) 

/ Learn Easy Intraday Trading Techniques 

with us 

For details click the link below

Join us on YouTube for 

technical Analysis videos/ 

Weekly stocks To Watch

Open ZERDHA Demat Account & enjoy benefits

Join the overall best Demat service provider which provides free delivery trading & powerful trading platforms and also claim 50% discount on our weekly session on "How To Trade Intraday". Share proof of account opening on whatsapp@7737093555. To open account click below link

SBI Life : Stock was forming cup & handle pattern but till now, failed to give confirmation breakout, so till it is trading below 775-795, no need to jump in.Stock has support around 725-715, if failed to hold we can witness freefall towards 680-70 to 600. On sustaining above 800 stock can move towards 850 quickly.

 SBI : Stock is in long term downtrend and next support visible is 159 and below that 150-48, stoploss can be place below 147. On upside major hurdle is 175-80.Today maximum call writing was seen in 190ce while put writing was seen in 150 which indicates range of 190-150 for coming days.

Upstox

Join the overall best Demat service provider which provides free delivery trading & powerful trading platforms and also claim 50% discount on our weekly session on "How To Trade Intraday". Share proof of account opening on whatsapp@7737093555. To open account click below link

DLF : Option Data suggest a buying interest in this counter. Square off is seen in all the call options from 130 to 145 indicating cracks in resistance with maximum OI at 150 ce. In put option, Maximum OI as well as addition is seen in 130 PE which indicates that 130 has become a major support for coming days. Further chart study suggests that one can add long positions on sustaining above 134 with support @131-128.5 and stoploss at 127 on closing basis.

ICICI Bank : Stock is looking week but a trendline support is available at cmp 320 as per daily charts, so a bounce can't be ruled out. However below 320 targets will be 300-280. On upside major resistance is placed at 340, only above that we can discuss 370-400. As per option data maximum OI addition is seen 340 CE and 300 PE. . While maximum OI in call options are 350, 360 and 400 and Put option 300. So use dips upto 300 to add longs with stop below 280.