BULL FLAG IS SEEN WEEKLY CHART BUT IT WILL NOT GO UP UNLESS SOME BIG BOOSTER KICKS IN TO GO UP OR DOWN IT MUST BREAK BOTH WHITE AND GREEN LINES ON CLOSING BASIS TARGETS FOR SHORTS AS WELL AS LONG MARKED
TRADE AT YOUR OWN RISK
Finally Breakout for SBBI LIFE
strict stop loss 999-1000 because volumes haven't increased.
can expect good rally if price stays above 1000
Happy Trading
SBI Life -
Trendline Analysis - Trading at Support. Should go for LONG
Harmonic Pattern - Formed Bearish BAT pattern and retraced 61.8%. Bounced back indicating done with reversal.
Can go long with SL 966 for TGT new life time high on the table and short term target as 1006.
LET THE UPPER TREND LINE BE BROKEN ON CLOSING BASIS TARGET FOR SHORT IS GIVEN IF IT DOES NOT BREAK UPPER LINE TARGET IS THE GAP WHICH MAY BE FILLED UPSIDE AND GAP IS HUGE RESISTANCE ALSO GOOD LUCK
NOTE: TRADE AT YOUR OWN RISK
