Jaicharan

SBI Life fib levels for swing trade (Learning purpose)

Long
Jaicharan Updated   
NSE:SBILIFE   SBI LIFE INSURANCE
* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
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