SBI SHOWING RETRACEMENT AT 62%. BULLISH
Updated
SBI is showing a retracement from the marked up level of Fibonacci retracement 62% (5/8).
You can make a target till 38% retracement 367 with 322 SL.
The stock will be positive if corona will not impact the market fear.
Gann numbers help to provide the Fibonacci chart (1,3,5,8,13,21....). Ratio of these number to each other forms 3/8 (37.5%), 4/8 (50%), 5/8 (62.5%).
education purpose.
You can make a target till 38% retracement 367 with 322 SL.
The stock will be positive if corona will not impact the market fear.
Gann numbers help to provide the Fibonacci chart (1,3,5,8,13,21....). Ratio of these number to each other forms 3/8 (37.5%), 4/8 (50%), 5/8 (62.5%).
education purpose.
Trade active
The market tried to go up as expected in SBI.Trade active
410 is the approaching next target for the stockTrade active
book half profitTrade closed: target reached
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