jaysingh123
Short

SBI: May be the time to sell

NSE:SBIN   STATE BK OF INDIA
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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
Comment: sell below 288.50
Trade closed: stop reached
Comment: 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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