One can see from the above chart that State Bank of India is in an overbought zone with RSI of 79.ParabolicSAR is also giving a sell sign on SBI.On the last trading day we were able to see an increase in volume too.
In that case one can SHORT SELL SBI OCTOBER 2400 CALL @ Rs41 AND BUY BACK @Rs 30.
SBI OCTOBER 2400 CALL made a low of 22.50and closed at 23.60. Target achieved..:)
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