Long

SBIN Long target 630

Updated

looks like a triangle pattern formation for SBIN after some consolidation. All bank stocks are in sideways or bulling including SBIN. trade at your own risk

Note

there is a 50% chance that it may revers from the upper triangle edge, watch out for failed gap ups, SBIN is known for failed gap ups

Trade active

20% target achieved. wait for next candle formation for further up move confirmation, there is always possibility of retest of last broken resistance. dont modify your stop losses yet.

Note

last close 625.5

dirtyDoctor

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