SBIN | Fibonacci Extension & Trendlines | Analysis | D Timeframe
Updated
My first idea guys
SBIN testing resistance at 434 a few times and showing Higher Lows Uptrend forming a Triangle/Wedge Pattern.
Along with this, FIb Extension showing Upside potential around value 425 till 430. Downside Stop loss at 420
The good Risk to Reward Ratio and the Target price is 430 within a week.
SBIN testing resistance at 434 a few times and showing Higher Lows Uptrend forming a Triangle/Wedge Pattern.
Along with this, FIb Extension showing Upside potential around value 425 till 430. Downside Stop loss at 420
The good Risk to Reward Ratio and the Target price is 430 within a week.
Trade closed: target reached
Target Reached and going strong above target. Also, the Target timeline is also maintained.Glad to see my first Idea getting success.
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