manavtechresearch

STOCK ON RADAR :-SBIN

Short
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

TRADERSMOJO TELEGRAM CHANNEL
*future calls
*option trading (buying)
*index trading (options and futures)
*index update and oi analysis
https://t.me/tradersmojo
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.