SBIN short on trendline resistance on 15m chart

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.

Trade active

bang bang,we are trading now at 427

Note

Our Trendline resistance did hold for the down move

Trade closed: target reached

Our target 1 424 is achieved

Note

Sbin made low of 422.15 from our entry.

Trade closed: target reached

Bang Bang.
Our target 2 420 is achieved

Note

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.

Trading-With-A

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SBIN short on break of neck line on 15m chart

by Trading-With-A

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