target 1: 424
target 2: 420
Sbin has broken below neckline of 430, we can take short entry from here for target of 424 and 420. We can take entry now at 429 or wait for pullback upto neckline at 430.
There is previous Monthly high of 427.7 which will give some support. Below it we can see fast movement towards our targets.
We got good price in range of 630-631 for short entry.
We can continue with Sl of 632.
or we can modify sl to 635 for our new reentry.
Our target 2 420 is achieved
The next plan is to wait for SBIN to retrace and then Short again.
Till then we have achieved our targets.