STATE BANK OF INDIAShort
SBIN Channel Trade Opportunity Take 2
Updated
SBIN
CMP 298.60
Last time we took a shot in SBIN at 300.85 and it worked well achieving it's 1st target
https://in.tradingview.com/chart/SBIN/ErPPwu6v-State-Bank-of-India-channel-trade-potential/
Looks like we have a re-take opportunity. Will it achieve its's 2nd target this time round. Only time will tell...
Consider to sell again in the zone of 298-301.50
for target of 292 / 288
sl if closing above 303
Take care & safe trading...!!!
CMP 298.60
Last time we took a shot in SBIN at 300.85 and it worked well achieving it's 1st target
https://in.tradingview.com/chart/SBIN/ErPPwu6v-State-Bank-of-India-channel-trade-potential/
Looks like we have a re-take opportunity. Will it achieve its's 2nd target this time round. Only time will tell...
Consider to sell again in the zone of 298-301.50
for target of 292 / 288
sl if closing above 303
Take care & safe trading...!!!
Note
SBI
cmp 295.65
Thats a decent 1% gain with minimal risk. Intraday traders may consider to book profits
In case u liked the idea and find the analysis helpful do hit the LIKE button
Happy trading...!!!
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