It has been observed that the price action was consolidating at the support levels and now it breaks above the consolidation indicating buyers coming back strongly and pushing prices up.
T1- 261
T2-268
SL 248
T1- 261
T2-268
SL 248
Trade active
Trade active:
Moving strongly above the consolidation and now shall reach t1 shortly. Thanks
Trade active
Trade active:
Banking stocks moving from their lows.
Trade active
Trade closed: stop reached:
SBIN hit the stoploss with the gap down but it is still at the strong support of 240-242 levels. Once it closes below it then the down trend shall continue otherwise we could see a sharp rally up in next session. Thanks
Trade active:
SBIN did bounce back well from 240-242 support levels. Next hurdle would be to close above 256 levels in order to continue the rally. Thanks
Trade closed: target reached:
SBIN did rally after a short fall as expected and now reached above all targets.
