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A thread on OI and Options charts for SBI - why it stopped rising at 420 and how one could have identified that.
Why I am talking abt SBI so much?
After the results, almost every brokerage came out with upgrades giving trgts of 500-600-700 on SBI, and it is easy for retail to buy CEs immdly; It might rise later, but the pause in the last 2 days ensured that the CEs fall sharply
For those who missed ithttps://t.co/gb1PpJKQdY
— AP (@ap_pune) May 25, 2021
Why I am talking abt SBI so much?
After the results, almost every brokerage came out with upgrades giving trgts of 500-600-700 on SBI, and it is easy for retail to buy CEs immdly; It might rise later, but the pause in the last 2 days ensured that the CEs fall sharply
In Yesterdays #Sectorstudy, there were Indications that #CNXRealty will give positive returns in the short term:
DLF up 3%
GodrejProperties up 4%
Sobha up 5%
#Sector Leaders are shining๐
DLF up 3%
GodrejProperties up 4%
Sobha up 5%
#Sector Leaders are shining๐
#CNXRealty
— \U0001f1ee\U0001f1f3 \U0001d4d0\U0001d4f6\U0001d4f2\U0001d4fd \U0001d4e2\U0001d4ee\U0001d4fd\U0001d4f1 (@MaverickAmit01) May 23, 2021
Something is cooking in this #Sector. It may give some postive returns in the Short Term!!!#CNXFinance #Looking attractively placed for probable Outperformance!!!#SectoralAnalysis #Nifty #TradingView pic.twitter.com/2umf8XyMvm