sudhannayak

Trading with EW analyzed trading opportunity

NSE:SBIN   STATE BK OF INDIA
Om Namah Shivay

Brothers,
We were very excited when our target iii reached during 14-1-2021. So our long
were closed. Now we are waiting for the next long position. We had previously
analyzed iv wave to go upto 288. But it moved more than that and we were confirmed
of the iv wave making. Now the analysis and reality is always different and needs
constant changes as we understood from this.

So we are waiting for the wave v making and our target is 390, We go into trade when
price touched 292. we are into long for wave v. if we see the target , we are actually
above 390. But during up down movement, we were out around 390.

Now to cope with the change, we take some time to reanalyze and bring our
progressive thinking to give market time to give us it's next direction hint.

Om Namah Shivay
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