SBI Card SHORT Short

SBI CARDS & PAYMENNSE

Description

⋅ Sep 25, 2022 11:21 AM

- So Wave E high did not get taken out all this while even though, hence Setup still valid
- A 5 wave Fall (Wave i) on Hourly Charts can be Counted from Wave E high
- A 3 Wave Corrective Rise (Wave ii) in the form of an Expanded Flat retraced 0.618% of the Fall from Wave E high
- Price did Wave i and then ii, and now iii on Downside has Started📉

Wave i= Wave iii equality comes at ~ 845🎯

Trade Plan as follows:

Short at CMP= 915.5

Downside Target Zone= 850 - 840

Stop Loss= above 940

Trade closed: target reached

⋅ Oct 15, 2022 5:16 AM