SBIN - Bullish Shark Above 250 for 255 - 263 & Turn Down

Last Price@246

Good Morning!

Bullish Shark Harmonic Pattern . Safe Traders can jump once it starts moving above 250 for 255 & above 255 for 262

Next Resistance between 263 - 266 - "If" it stops then change the camp & enjoy the fall.
Trade active: 10:26 Hrs 20th March 2018

Last Price@248.70

Got 1st green candle for the day from 246 to 250 & stops at 250

Trade active: 11:53 Hrs 20th March 2018

Last Price@251

If SBIN struggles in 251 - 252 zone then book partial profits & look to re-enter in 247-248 zone also Bank Nifty if falls below 24300 sustains below then take some rest & join later

Comment: 12:00 Hrs 20th March 2018

Last Price@251

Also, if SBIN fails to hold 247-248 - take a longer pause in that case it can dip below 245 as well.
Comment: 13:01 Hrs 20th March 2018

SBIN Last Price@250.50 - Struggling in 251-252 as expected

Bank Nifty Last Price@24235 Falls 70-80 points from close to 24300 levels

Nifty falls from 10150-10160 to 10127
Trade closed manually: 09:49 Hrs 21st March 2018

SBIN Last Price@252 - 14 points back to back
246 to 252 – 252 to 248 & 248 to 252+

First it moved exactly from 245-246 bottoms from shark's mouth to 251-252

Later, as expected 251-252 to book profits & join back in 247-248 - Made low @248.05

Today it opened gap up from 248.05 lows to 252 -

Enjoy the Roller coaster ride of the market which acted as market barometer helping Bank Nifty jump 200+ points today & Nifty jumping 60+ points from 10125 lows.

Closed- Enjoy the rest of the week.

Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
BIOCON 2h-->
Looks identical to the setup mentioned in the original idea . Just that its a gartley
Einstein15 Einstein15
@Einstein15, Possible. Cheers!
will impact SBI scan news today?
AbhishekHSinghCMT Religare-Begusarai
@Religare-Begusarai, Which news?
Religare-Begusarai AbhishekHSinghCMT
@AbhishekHSinghCMT, SBI 824 CR FRAUD
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out