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Umang_Sharma

SBIN: Analysis

Long
STATE BK OF INDIA (NSE:SBIN)  
Umang_Sharma Mis à jour   
NSE:SBIN   STATE BK OF INDIA
Support and Resistance Trend Lines Triangle breakouttrading trianglebreak retracement dailychart hourlychart pullbacktrade
10
0
supportandresistance trendline triangle breakouttrading trianglebreak retracement dailychart hourlychart pullbacktrade
Sellers fail to bring down SBIN 3 times denote's pressure from the bottom to push up.
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Reason to buy:
1) Trend Line breakout
2) Buying pressure from bottom
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Next best entry will be after retracement i.e after 201.60. Stop loss will be below intimidate swing i.e below 197.00.
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RR ratio should be calculated and accordingly trade should be taken.
Transaction en cours:
Stop loss is intact, if it hits it hits. Risk is calculated
Trade fermée: ordre d’arrêt atteint:
Stop hit trade closed.

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