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STATE BANK OF INDIA
Long
Updated

Symetrical Triangle breakout on SBIN initiating a long trade

SBIN after a long consolidation have given a breakout of the major resistance of 195-200 zone and at the same time given a breakout of symetrical triangle pattern and now retesting it. A long trade can be initiated here with sl of previous swing low for target1 and target2.
Note
207 high
Note
today high 208.45. near target 1
Note
target 1 hit
Note
today high 215.8 now running for target 2
rohitgupta161087
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BANKNIFTYbanksbreakoutChart PatternsNIFTYpsubankssbinswingtradeswingtraderswingtradingTrend Analysis

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BANKNIFTYbanksbreakoutChart PatternsNIFTYpsubankssbinswingtradeswingtraderswingtradingTrend Analysis
rohitgupta161087
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.