bubeshj
Short

SBI - Triangle Pattern

NSE:SBIN   STATE BK OF INDIA
Hey Guys,

This is my first post in TradingView.

Here's a Shorting Opportunity in NSE:SBIN . The stock is forming a triangle pattern on 1H chart.
Expecting the Price to fall 185-184 levels at the worst or test 188 levels and bounce back.
Breaking the below trendline and plunging further downwards would solely depend on the economy and market sentiment.
Price may test 188 or 185 levels. Getting puts and shorts would be good for now
Buyers can start looking for opportunities at the same 188 and 185 levels.

Hope you all like it. Have a good trading day.

Cheers.

Comments

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