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Saturday, June 18, 2016

SBBJ (Bikaner) : A TA query

Am bullish in State Bank of Bikaner & Jaipur on fundamental considerations vide

http://lalitlk-lalit-lk.blogspot.in/2016/05/merger-sbi-subsidiaries-likely-ratio.html 

last week blast was halted below all time highs of  752, 788 & 875 


Last week's rise is best studied in time frame of 10 minutes, as it cover the whole move :


However, as it effectively cover 4 days in 150 candles, it may have a short implication.

Considering a partial booking of long term position for re-entry around  594 ; is it good plan ?

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