InsiderB

SBIN : Simple trendline setup waiting for breakout

NSE:SBIN   STATE BK OF INDIA
Hi All,

Its just couple of trendlines drawn over the highs & lows..nothing fancy here. SBIN is ranging for past few days so we are expecting breakout(expansion) soon, so whichever the direction breakout happens enter with proper stops. Being expiry day today it may give false breakout so be stingy about your stops.The same setup is forming in SBIN hourly also..check on higher timeframe...

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Happy Trading !!