It has been observed that the price action was consolidating at the support levels and now it breaks above the consolidation indicating buyers coming back strongly and pushing prices up.
T1- 261
T2-268
SL 248
HI GUYS SBIN NEW MOVE KEEP WATCH....
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SBIN looking weak on chart but there is big consolidation range (224-240) that can help to pull back in SBIN. This range is best for accumulation but if there is breakdown than you can see the level of 160 too so Stay away for now and try to buy only above 244 and avoid short now. Just short in stock below 224 then you can see the big lower target in that.
Head and shoulders top.
Head and Shoulders Top
Head and Shoulders formation consists of a left shoulder, a head, and a right shoulder and a line drawn as the neckline. The left shoulder is formed at the end of an extensive move during which volume is noticeably high. After the peak of the left shoulder is formed, there is a subsequent reaction and prices slide...
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SBIN
