NeeteshJain

SBIN - Breaking above consolidation

做多
NeeteshJain 已更新   
BSE:SBIN   STATE BANK OF INDIA
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
交易开始
交易开始:
Moving strongly above the consolidation and now shall reach t1 shortly. Thanks
交易开始
交易开始:
Banking stocks moving from their lows.
交易开始
交易结束:到达止损:
SBIN hit the stoploss with the gap down but it is still at the strong support of 240-242 levels. Once it closes below it then the down trend shall continue otherwise we could see a sharp rally up in next session. Thanks
交易开始:
SBIN did bounce back well from 240-242 support levels. Next hurdle would be to close above 256 levels in order to continue the rally. Thanks
交易结束:到达目标:
SBIN did rally after a short fall as expected and now reached above all targets.
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