STATE BANK OF INDIAShort
SBI: May be the time to sell
Updated
Rising along the trendline since morning. But the thrust on the upside is decreasing and it seems a reversal near crisscross @ 289
Also this is the 50% retracement of the yesterday's downmove.
Trade might be however for short term with tight SL above 290
Also this is the 50% retracement of the yesterday's downmove.
Trade might be however for short term with tight SL above 290
Note
sell below 288.50Trade closed: stop reached
Note
It just took our SL before going in our direction. But the good part is that we were out with a small loss or else anything is possible in high volatility.
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