SBI spot cmp 358
Elliot wave study
Good buy on dips candidate,,
Corrective wave 4 of impulse phase is in progress,, if wave 5 unfolds we can see good upside in counter,,
Hidden bullish divergence on RSI,, Trend line support around 335 levels,,
Good demand zone around 310 to 330 levels,,
Best range to go long around 310-330
View gets violated below 290 on closing basis..
Good long candidate...
Elliot wave study
Good buy on dips candidate,,
Corrective wave 4 of impulse phase is in progress,, if wave 5 unfolds we can see good upside in counter,,
Hidden bullish divergence on RSI,, Trend line support around 335 levels,,
Good demand zone around 310 to 330 levels,,
Best range to go long around 310-330
View gets violated below 290 on closing basis..
Good long candidate...
Trade closed: target reached:
long in counter was recommended around 320
now trading around 465,,
if chart is observed projection of wave 5 was around 460 levels
all targets doneeeee
145 points in this trade
book total profit
now trading around 465,,
if chart is observed projection of wave 5 was around 460 levels
all targets doneeeee
145 points in this trade
book total profit