SBIN long on hold of support on 30m chart
Updated
SBIN long entry above 620
target 1: 428
target 2: 432
sl: 416
Sbin is on channel line support, we expect this to hold, as we have seen pin bar at our support.
We can take entry now at 623, or wait for a small pullback till 620.
Maintain strict sl, any break of this channel line will be a sharp fall in sbin.
target 1: 428
target 2: 432
sl: 416
Sbin is on channel line support, we expect this to hold, as we have seen pin bar at our support.
We can take entry now at 623, or wait for a small pullback till 620.
Maintain strict sl, any break of this channel line will be a sharp fall in sbin.
Note
Sbin made a high of 426.95Note
Sbin made a high of 427.75Trade closed: target reached
Our target 1 428 is achieved.Note
Sbin made a high of 428.9Trade closed: target reached
Our target 2 432 is achieved.Note
As our both targets are achieved we will look for upward move after we see a pullback for upside move.The next plan is to wait for SBIN to retrace and then long.
Till then we have achieved our targets.
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