SBIN short setup
Actualizado
Short SBIN at CMP (281)
Target1:270
Target2: 242
SL: 300
Target1:270
Target2: 242
SL: 300
Operación cerrada: objetivo alcanzado
Target1:270 done! Trail SL to cost
Nota
It took exactly 1 month to hit target1 :'D Lets see how much time it would take to hit target2
Idea posted on Aug 11
Nota
There are chances of SBIN making a bullish move above 277So we will trail our SL to 278 in profit zone as our short call got activated at 281
Nota
Trailing SL to 275.5 in profit zoneNota
In all likelihood SBIN is in the broadening wedge formation. We will still maintain our trailing SL at 275.5 in profit zone. Nota
Conservative traders can book profit for remaining position at CMP (253) as we can see that SBI is now taking support at the broadening wedge. Aggressive traders can trail their SL to 273
Riding on profit from ₹281
Cheers,
tRex
Jurassic Prak
Operación cerrada manualmente
Aggressive traders also close all the position at CMP(254) in good profit!
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