320-x-100_uti_gold.jpg" alt="Advertisement">
Buy State Bank of India Ltd 520 PE For Target Rs.15 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Derivative Ideas
SBIN shed 0.36% and closed at 531.35 on 8th Feb. The stock faced the supply at exactly in 540-545 zone where it faced the resistance earlier and has seen a cut of nearly 3% after that. With SBIN trading below its 5 EMA, we believe the counter is poised to test its support at 500. We recommend to go Short in SBIN with the PE option.
Strategy:- BUY SBIN 520 PE @ 7-8, SLOSS AT 4, TRGT 15.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer
