STATE BANK OF INDIA
Long
Updated

Trade what you see

424
confirmation of "e" on the chart awaited
waiting for price confirmation.

How to classify this pattern?

"Continuation Or Correction "

Argument:
1. Perfectly placed shrinking price action.
OR
1.Angle of pattern is gradually rising?
Note
193.00 for ID would be my SL if i was trading this stock
Note
SL triggered for ID
Note
still waiting for Wave e to be confirmed
Note
next trade day might provide a much needed clarification.
Note
we should be able to place our Wave e on the chart by days end.

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