CMP 542 , Target 450 , Time frame March 2023, Looking at the monthly charts from here we see a doji condle is formed at the upper end of the bollinger band at the January month followed by downtrend on Feb month . Expecting the SBI charts to show downtrend till 450 by March expiry.
Comment:
15 points down from the CMP. hold it till march end.
Trade active:
515 , 35 points down . Hold for bigger profits
Trade closed: target reached:
low hit on March expiry series is 500, Points captured =40 points ,1500 lot size =1500*40= 60,000 Booked profit per lot.