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BlackPearlA
Aug 23, 2019 5:29 AM

SBIN Short Setup [Intraday] Short

STATE BK OF INDIANSE

Description

NSE: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.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.

Trade closed: target reached

2:1 target achieved.

Trade closed: target reached

3:1 target achieved
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