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.
Note
15 points down from the CMP. hold it till march end.Trade active
515 , 35 points down . Hold for bigger profitsTrade 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.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.