STATE BANK OF INDIA
Short
Updated

SBIN Short Setup

361
Strong R at 311 level (trend line) confirmed with bearish Gartley. Wanted to sell at 308/309 level but I expected hammer/dogi to form today. Nevertheless, dark cloud was formed today as a third confirmation, but will miss few points and will enter tomorrow at rise (some 306 level), for the target of 300/294/289. CBSL above the trend line.
Trade active
sell at rise
Note
this seems to be an attractive opportunity to sell at rise
Note
it wasn't a great day, ended green. will hold for tomorrow
Trade closed: stop reached
strong. My idea seems failing. Need to book loss.
Note
Well played SBI, well played. :/
Note
to early to close the trade

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