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.Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.