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raj_rishav
17 juil. 2020 12:10

SBIN : Upar jaane ka raasta 2.0 Long

STATE BK OF INDIANSE

Description

Levels on chart.
Long above 189.8 for 196 with SL at 186.5

Observe Stochastic levels with previous rebounds for confidence
Keep a track on Bank Nifty levels - refer linked idea (1.0) for correlations

Commentaire

Key BN resistance levels are 22100 ( initiate long) , 22350 (expect profit booking if BN doesn’t breach this, book intraday profits) & 22500 ( target reached but stay in for more upward movements).

Transaction en cours

Buy triggered

Commentaire

If BN doesn’t breach 22500, will book profits

Trade fermée: cible de profit atteinte

Exited at 192

Commentaire

Bank nifty has a gap to fill so there is a good chance bank nifty can retrace to 22,000 so exit positions now and I will look to re-enter when Bank nifty Is under 22k

Commentaire

200 this week - may be even tomorrow ! Buy above 196 with SL at 194
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