SBIN - Buyers Active at Support
Updated
It has been observed that the price action formed a ascending triangle on chart and then breaks a strong bullish candlestick breaks above the ascending triangle and the resistance zone. Then the price action falls back to support where bullish buyers showed buying again indicating a further move up.
Expected Target: T-210, 220 & SL - 190 (1:3, 1:5)
Expected Target: T-210, 220 & SL - 190 (1:3, 1:5)
Trade active
Trade closed: target reached
It was a good smooth ride towards the targets. Price action reached All targets on Friday session itself.
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