Bears Taking hold in SBIN
How's the josh Traders !!
In SBIN, you all Can Clearly see the chart that SBIN has clearly took resistance at 0.718 % of Fibonacci retracement and I think this is Wave 2 forming & Completed in SBIN.
Next is Wave 3 impulse wave (Wave 3 is the Longest among all Impulse Wave) so we can clearly see a Downtrend Starting in SBIN.
SO,
SELL SBIN @ 837-850
STOPLOSS @ 875
TARGET @ 700/680
NOTE : This is for Educational purpose please ensure with your financial advisor before taking any trade.
HAVE A GOOD DAY TRADERS
In SBIN, you all Can Clearly see the chart that SBIN has clearly took resistance at 0.718 % of Fibonacci retracement and I think this is Wave 2 forming & Completed in SBIN.
Next is Wave 3 impulse wave (Wave 3 is the Longest among all Impulse Wave) so we can clearly see a Downtrend Starting in SBIN.
SO,
SELL SBIN @ 837-850
STOPLOSS @ 875
TARGET @ 700/680
NOTE : This is for Educational purpose please ensure with your financial advisor before taking any trade.
HAVE A GOOD DAY TRADERS
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