BUY above high of brakeout candle with 1:2 take profit
#SBIN - CMP 370.65. TECHNICALLY IT IS A BREAKOUT STOCK. MADE GAP FILLING AND FALLING WEDGE BREAKOUT RETRACE OF RECENT SWING 50% CORRECTION. GOOD SUPPORT NEAR 360-358. PRICE CAN GO FORWARD TILL 385-395-410-425 AND WEAK BELOW 354 CLOSING. IT IS ALWAYS BETTER TO BUY NEAR 367-369 POTENTIAL RETURN IN NEAR TERM. 👇🏻
Gap filling and breakout retest done long above 135.60 with Support of 132.50....for t1 137.75/139.60/145
Short @505.00, SL 513.00, tartget-1 490,target 2 - 468.