LONG- SBIN; Weekly Trendline broken and at Important Fib level

٢٩ ديسمبر ٢٠٢٠

Long SBIN:
A declining trend line is broken by SBIN on the weekly time frame and if you are an aggressive trader, then you can enter here, else wait for weekly closing above 282. Looks like the 3rd wave of Elliot wave pattern.

١٤ يناير ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

Book 50% now an easy 10% within 10-15 days. 310-315 would provide a bit of resistance as it is a 200% Fib level and also a previous resistance level.

٥ فبراير ٢٠٢١

أغلقت الصفقة: تم الوصول للهدف

Now more than 40% of return book completely.