SBIN Short Setup [Intraday]

Aug 23, 2019

SBIN looking for a quick reversal as the stock has moved up 4% from today's lows due to overall index recovery.

Expecting a sell from 275.25 with SL 276.55 and three potential targets. More favorable target will be the 1st one as its a 1:1 rr and as the trade is against today's move in a short period of time.


Note:
Please Consult Your Financial Advisor Before Taking Any Decision
Always risk 1% of account size per trade, adjust the position size accordingly

Aug 23, 2019

Trade active

Aug 23, 2019

Trade closed: target reached

1:1 target achieved

Aug 23, 2019

Note

beta.nseindia.com/get-quotes/equity?symbol=SBIN

SBIN high for the day is 275.25, which is not indicated on the chart. Due to difference of tick data, we are unable to see the price on the chart.

Aug 23, 2019

Trade closed: target reached

2:1 target achieved.

Aug 23, 2019

Trade closed: target reached

3:1 target achieved