I-Fund-Trader
Short

Short Continuation , Long Holidays ahead

NSE:SBIN   STATE BK OF INDIA
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This one is again going for long holiday trip , we are not looking any upside moment in this form here on wards , we will roll over our shorts till it makes our forecast
They made an contracting flat which i was suspecting form day one , but eventually today move out form smaller structure confirms they are heading for 155/145 range
how long it will take i have no idea , but for sure every rise i will be looking to add shorts
Feb 15
Trade active: any close out of the structure will confirm the further bearish sentiment , but before it moves down it will always move up certain points before it turns down ,
One can look for opportunity after the weak rise in the price on daily basis and sell on reversal
Mar 18
Order cancelled: Price did not move out form the structure , our long term view is still bearish but it might move up or stay range bond before it makes an impulse move
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