SBI formed W pattern in Daily candle

٣٠ أغسطس ٢٠٢٣

SBI formed "W" pattern in daily candle form
Entry - Above 584
SL - Below 554
Target - 600, 620, 640

٣٠ أغسطس ٢٠٢٣

ملاحظة

Sorry the pattern is not W, it is Inverse Head and Shoulder pattern

١٣ سبتمبر ٢٠٢٣

تم فتح الصفقة

Trading active on 10-sep23
Heading towards the target.
Once can book profits as per their risk

١٣ سبتمبر ٢٠٢٣

ملاحظة

13-Sep-23 -> Reached high of 596 which is near first target value of 600

٢٢ سبتمبر ٢٠٢٣

ملاحظة

14-Sep-23 -> Reached High of 603.7 where our first target achieved

٤ أكتوبر ٢٠٢٣

ملاحظة

Since market is weak, after achieving first target, the stock is moving upwards very slowly.