Saturday, December 11, 2010

STATE BANK OF INDIA - www.ashudutt.com

STATE BANK OF INDIA - SHORT TERM: WEAK, LONG TERM: STRONG, PREVAILING BIAS: STRONG
State Bank of India's moves on Friday indicate one or 2 large buyers but anyone who plays againsts a tide will get blown away. The stock has no immediate uptrend till it crosses 2800 and no short term uptrend unles it can break 3100 and 3300 on strong volumes and hold there for 7-10 trading sessions

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