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ravibhadrappa_TCFMRA
Jan 28, 2021 4:34 PM

State Bank of India forming bullish Engulfing on daily chart! 做多

STATE BK OF INDIANSE

描述

SBI has formed bullish engulfing candle on bottom of Bollinger Bands, in daily time frame
On 1 Hour TF; it has has closed above median line of Bollinger Band and formed bullish candle; with MACD crossing from below line and health RSI

Can go long in Intraday / Swing trading.

For Intraday, I am buying with SL-M of 285, with SL 1 ATR (Rs.10); trail SL to cost on jump of 1% and keep trailing for every 1% move.

Appreciate your comments with feedback, to improvise my analysis.

Regards,
Ravi B
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