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srikartiram
Nov 28, 2021 10:57 AM

SBIN | Trendline and Previous breakout retesting - 25-30%  Long

NSE:SBIN1D
STATE BK OF INDIANSE

Description

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SBIN | Trendline and Previous breakout retesting - 25-30%

CMP : 470
SL : 440
Target : 590, 600

1:4+ risk reward setup
If we connect Swing low to Swing high the Fib support also taking place at 455 level.
Target is based on Fib target for next wave
FibonacciTrend LinesCandlestick Analysisswingtradingpositional
Comments
pdmdl
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Let us see! The idea is meaningful and reachable within a short period, I hope.
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