SBIN: 8.6% Weight Second highest, Next to ITC, in NEWLY Launched Bharat-22 ETF .
Witnessing Range Bound Trading.
One Can Short above @ 309.6 to @ 311.50
For Target of @ 300-
Weak Below @ 299
More levels plotted on Chart.
SL: @ 317.60+ (By Closing) or +1% for TSL(Trailing Stop Loss).
Strategy for OPTION Trading:
LONG 305PE @ 8.65 (LTP) + SHORT 300PE @ 6.55 (LTP): Calculative Loss: 2.1 point, Calculative Profit: 2.9
* Watch 1st hour then Enter. Better @ 309+ Spot level.
Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
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With warm regards.
DSKF16.