Abhishek_TradersSin

SBI LIFE is in a triangle pattern, breakout on either side

NSE:SBILIFE   SBI LIFE INSURANCE
Check the chart for levels.

Comments

hi , please advise on SBILIFE... where do you see the price going by Feb expiry i.e. 25-2-2021? It is continuously going down...
Reply
@pradeepk72, The pattern breakout candle is not good volume which means operators are involved in this. So wait for a price come back !!
Reply
pradeepk72 Abhishek_TradersSin
@Abhishek_TradersSin, hi, thanks for your response.. WIll the price appreciation happen within this expiry ie. 25-2-2021 or will it drop down more further... Kindly advise, i have a future open position...
Reply
@pradeepk72, Wish I would have known so. Would liquidate all my savings and put on this trade !! Market can go as low as 833. So if your risk appetite is good then hold else it should have hit your SL already?
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