SBI: May be the time to sell
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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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.