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BlackPearlA

SBIN Short Setup [Intraday]

Short
STATE BK OF INDIA (NSE:SBIN)  
BlackPearlA Updated   
NSE:SBIN   STATE BK OF INDIA
Supply and Demand sbin shortsetup NIFTY Stocks indianstocks markettiming riskreward
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supplyanddemand sbin shortsetup nifty stocks indianstocks markettiming riskreward
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
Trade active
Trade closed: target reached:
1:1 target achieved
Comment:
beta.nseindia.c...t-quotes/equity?symbol=SBI...

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.
Trade closed: target reached:
2:1 target achieved.
Trade closed: target reached:
3:1 target achieved
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