Symmetric Triangle on SBI and it may break either side. one more formation called falling wedge ( combine with orange and top yellow line but it will break on top ( bullish). Moreover SBIN currently lying on Strong support and statement - MAKE or BREAK
Levels for Long: (Make)
Level 1 - 259
Level 2 - 265
Level 3 - 273
Levels for Short: (Break)
Level 1 - 233
Level 2 - 223
Levels for Long: (Make)
Level 1 - 259
Level 2 - 265
Level 3 - 273
Levels for Short: (Break)
Level 1 - 233
Level 2 - 223
Trade active
Note
breaking the downside...Note
price holding up in falling wedge trendline....Note
SBIN trying for upside but struggling to get up.. let see....Note
Indicators are showing bearish but price trying to move upside... Let see will make or break.Trade active
finally sbin went upside...Trade active
Level 1 achieved on upside.Trade active
Level 2 - 565 achievedTrade closed: target reached
i am closing my call on level 2.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.