Trading Strategies: SBI, ICICI Bank, Tata Motors
Check out the trading strategies for banks and other stocks with Ravi Nathani, technical analyst at NSEToday.
Smartinvestor : Are you expecting sub-5,500 levels any time sooner?
Ravi Nathani : Yes, support in short term is at 5480
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Smartinvestor : What is your approach towards jewellery counters like Gitanjali Gems, PC Jewellers etc which have fallen drastically over last few days?
Ravi Nathani : Trend is down in charts whereas technical bounce is expected in near term. Best trading strategy would be stay away as lot of volatility is expected in near future.
Smartinvestor : Stocks like Tata Motors have also slipped nearly 10 per cent in past 1 week. Do you have any strategy here?