SBILIFE FUT made cup n handle pattern on hourly charts with good OI build up.
Risk:Reward ratio is in favour of bulls.
Not to be missed breakout.
Could be bought with mentioned stoploss & target.
11/4 educational purpose only
buy on dips around 1130/1140 (20ema/hourly)
sl below 1122.30 (50ema/hourly)
targets of around 120 / 1225 / 1250
BUYING #SBILIFE21AUGFUT ABOVE
1133-1132 TARGET 1142,1152,1162
book profit as soon as possible and trail my tgt 1% return daily.
SBI life Insurance fut Analysis Short Below 980 15 min candle closing basis
for Target 970- 960-950+
or Short @ 1010-1020
for Target 1000- 980-960-950+