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Trade-Technique
Jun 11, 2020 4:59 PM

Part 1: SBIN, EWT support 171.5/176.5 key levels. Long

STATE BK OF INDIANSE

Description

  • Important for reversal 176.5 & 171.5, the outcome was clear that we would get a smart move higher.


Point to be noted:
Volume must be higher than average at the both key levels to take long position.

if sentiment remains strong, we could even see 182/189.5.

Dont forget to Follow me and Like my work.

Comment

I hope you are enjoying SBIN

Trade closed: target reached

Exactly target achieved
Comments
RahullguptA
Hi Ms. Prajapati

In my opinion, This wave marking is incorrect.
What you did, You considered wave 5 as a wave 3. From there onwards, your marking goes incorrect.
Wave 5 is always a motive wave which consists of 5 waves 1 2 3 4 5 ( or Ending Dioagnol )
Here you plotted A B C which is features of reactionary waves.

Check my post for further clarification.
mayur14
171.50 also seems to be the end of wave iv of wave 3. So most likely Buy signal should appear at this level
yogeshkgarg07
@mayur14, Yes exactly after seeing chart I also got this doubt
impossibleCock85983
How much sbi rise on monday
adityapurohit007
Simply Amazing. I highly admire your work :)
D_Bhalla
Gr8 analysis as usual in the immaculate style of kinnari🙏 only request is after analysis please do follow up both on Vodafone idea which u gave yesterday and sbi which u gave today because without follow up.... does not make sense... e.g for Vodafone we dont know whether to enter or not ? When to enter? Esp in view of the fact nifty has fallen to 9900 today and likely to fall further tomm may be to 9600 in that case your guidance and follow up will be very useful for your followers.
Trade-Technique
@D_Bhalla, OK sure, I will do and I will try tomorrow to get up earlier.
kakalisarkar872
Thanks
satish_9000
Hi Mam I like your hard work, can you pls post for India glycol. ❤
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