NSE:SBIN1!   STATE BANK OF INDIA FUTURES
SBIN IS THE STOCK ON RADAR FOR US
-HEAD AND SHOULDER PATTERN BREAKOUT
-RETEST OF BREAKOUT LEVELS
-ONE CAN SHORT BELOW 383
-STOP ABOVE 395
-TARGET SHALL BE 365/360/355
Comment: ONE CAN SHORT BELOW 387 NOW 395 WAS DEFENDED SO WAIT FOR LEVELS TO BREACH
Comment: STAY ALERT NOW IN SBIN
Comment: IN A RISING MARKET THE STOCK IS NOW CROSSING ABOVE 395-396.75 ZONE
THOUGH IT IS FORMING A SYMMETRICAL TRIANGLE ON 30-MIN CHART
BREAK BELOW 385 WILL LEAD TO FURTHER DOWNSIDE
Trade active: BOOKED PART PROFITS @378
IF BREAKS BELOW 378 ADDING MORE QTY
TARGET 373-365
Trade closed manually: BOOKED PROFITS@372
Trade closed: target reached: 358 LOW ALL TARGET HIT

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