amoghn97

SBIN looks bearish

Short
NSE:SBIN   STATE BK OF INDIA
SBIN which at highest of the time, showing head and shoulder pattern. volume seem to be diminishing.

watch for the breakdown below 430.
Trade active: breakdown confirmed... around half way to the target
Trade active: after breakdown it showed a retracement and took resistance from previous support zone. this is usual behavior after breakdown. it is important to hold on and monitor the stoploss.

Now it has started moving towards its target.. keep watch and trail the stoploss

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