Neutral on SBI - although if it bounces to 3266-3284 it could be a good one to try @short position
I don't like this crap bank - neither for trading nor for doing business!
Anyway its stuck in a range. Results to be announced on 29th Oct
SBIN:
HDFCBANK:
Although HDFCBANK has got 2 rejection of VWAPs already - so if it fails to cross Monthly VAL of 2374 (well give it +/-8 points), it could correct all the way to 2268 - previous month's VAL
ICICIBANK:I don't like this crap bank - neither for trading nor for doing business!
Anyway its stuck in a range. Results to be announced on 29th Oct
AXISBANK:
The chart looks very good to play for a bounce. Target can be VWAP @1545 - SL can be close to 1460 - below that it can be an easy short for target of 1422 (prev month's VAL)
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