Tested the Fibonacci retracement for 23.6% level.
Please consider this information as educational and trade upon your volition.
On 8/6/20, SBI had a gap up opening and tested the resistance line of Fibonacci retracement at 23.6%.
As there is bullishness in foreign market, same may appear Indian market today. Considering market structure as bullish, a long trade can be executed considering the same line as profit booking exit level.
On 8/6/20, SBI had a gap up opening and tested the resistance line of Fibonacci retracement at 23.6%.
As there is bullishness in foreign market, same may appear Indian market today. Considering market structure as bullish, a long trade can be executed considering the same line as profit booking exit level.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.