TradingView
manavtechresearch
Mar 8, 2021 3:18 AM

STOCK ON RADAR :-SBIN  Short

STATE BANK OF INDIA FUTURESNSE

Description

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
More