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amoghn97

SBIN looks bearish

Short
STATE BK OF INDIA (NSE:SBIN)  
amoghn97 Updated   
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns sbin Technical Analysis Bearish Patterns breakdown
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trendanalysis chartpattern sbin technicalanalysis bearish breakdown
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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