Bears Taking hold in SBIN
How's the josh Traders !!
In SBIN, you all Can Clearly see the chart that SBIN has clearly took resistance at 0.718 % of Fibonacci retracement and I think this is Wave 2 forming & Completed in SBIN.
Next is Wave 3 impulse wave (Wave 3 is the Longest among all Impulse Wave) so we can clearly see a Downtrend Starting in SBIN.
SO,
SELL SBIN @ 837-850
STOPLOSS @ 875
TARGET @ 700/680
NOTE : This is for Educational purpose please ensure with your financial advisor before taking any trade.
HAVE A GOOD DAY TRADERS
In SBIN, you all Can Clearly see the chart that SBIN has clearly took resistance at 0.718 % of Fibonacci retracement and I think this is Wave 2 forming & Completed in SBIN.
Next is Wave 3 impulse wave (Wave 3 is the Longest among all Impulse Wave) so we can clearly see a Downtrend Starting in SBIN.
SO,
SELL SBIN @ 837-850
STOPLOSS @ 875
TARGET @ 700/680
NOTE : This is for Educational purpose please ensure with your financial advisor before taking any trade.
HAVE A GOOD DAY TRADERS
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.