SBIN short entry below 430
target 1: 424
target 2: 420
sl: 434
Sbin is already on short with pullback upto neckline at 430-431 on head and shoulder pattern.
We see SBIN here to follow downward trend line from here.
target 1: 424
target 2: 420
sl: 434
Sbin is already on short with pullback upto neckline at 430-431 on head and shoulder pattern.
We see SBIN here to follow downward trend line from here.
Trade active:
bang bang,we are trading now at 427
Comment:
Our Trendline resistance did hold for the down move
Trade closed: target reached:
Our target 1 424 is achieved
Comment:
Sbin made low of 422.15 from our entry.
Trade closed: target reached:
Bang Bang.
Our target 2 420 is achieved
Our target 2 420 is achieved
Comment:
As our both targets are achieved we will look for downward move until we see a reversal for upside.
The next plan is to wait for SBIN to retrace and then Short again.
Till then we have achieved our targets.
The next plan is to wait for SBIN to retrace and then Short again.
Till then we have achieved our targets.