SBIN Range Bound Trade - Long Signal

Updated
Following a rangebound trade in 1 hr chart.
Touched the lower trendline support today and expected to rise.

Target: 204-205 in 2-3 weeks
SL: 184.15
Above setup is valid only when Bank Nifty rise.
Trade active
SL updated due to unexpected fall in last session.
Trade is valid still since close is above the trendline.

SL: 178.4
Trade active
SBIN facing resistance on 195-196 levels, Safe traders can book their profit on these levels.
Riskier traders remain in trade & wait to cross 196 with volume.
204 expected in next week.
Trade active
198.25 on 23rd July.

TOday on 27th July, New positions can be taken on CMP.
Trade closed: target reached
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