TradingSutra

SBILIFE: BEARISH SEQUENCE

Short
NSE:SBILIFE   SBI LIFE INSURANCE
Stock is correcting in a three waves pattern ABC in which wave B has unfolded as a triangle. One should go short on current levels near 1160 , keepin SL of 1205 look for the target of 1100/1080-60

Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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