Previous Post - Harmonic Sell Below 288 for 280
Currently, looks as a irregular flat which is unfolding in wave-2 where possible test of 235-240 zone can be reality in couple of months as that zone has formed multiple supports so it will be of prime importance to us.
In future if 235-240 zone supports then we shall plan to buy "State Bank of India - Stocks- Nothing else"
Key Level- 297
Trading Strategy
Any bounce we will take sell with 297 as strict stops or we keep checking interim for unusual price behaviour-if any -I shall keep posting.
Next Support Zone - 274-275
Long Term Target for 235-240
Currently, looks as a irregular flat which is unfolding in wave-2 where possible test of 235-240 zone can be reality in couple of months as that zone has formed multiple supports so it will be of prime importance to us.
In future if 235-240 zone supports then we shall plan to buy "State Bank of India - Stocks- Nothing else"
Key Level- 297
Trading Strategy
Any bounce we will take sell with 297 as strict stops or we keep checking interim for unusual price behaviour-if any -I shall keep posting.
Next Support Zone - 274-275
Long Term Target for 235-240
Trade active:
11:23 Hrs 24th April2017
Last Price@282.50
We will not hurry here & want 280 to be taken out downside now to see the structure & shall decide to sell on the bounce so we will wait in current situation as Bank Index is strong.
Last Price@282.50
We will not hurry here & want 280 to be taken out downside now to see the structure & shall decide to sell on the bounce so we will wait in current situation as Bank Index is strong.
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)