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MilestoneCapital

SBI - Breakdown - Symmetrical Triangle

Short
STATE BK OF INDIA (NSE:SBIN)  
MilestoneCapital Updated   
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns Harmonic Patterns Symmetrical Triangle breakdown priceaction priceactionanalysis
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trendanalysis chartpattern harmonicpatterns symmetricaltriangle breakdown priceaction priceactionanalysis
SBI has given a decisive breakdown from a symmetrical triangle on daily timeframe.
Initiate short in the stock.
Target: 150/145
Stoploss: 180
Comment:
Since SBIN is very close to the target of 150, one can exit wholly or partially.
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