Dear Clients & Subscibers,
Get ready for the action in SBIN. As today it has given signals to get ready for initiating short trade in it. A short trade in SBIN should be initiated @ 2480-2484 as it will be completing its 360 degree rotation which is a strong resistance for it. For safer short trade in SBIN , if it touches 2484 and then closes below it then initiate the short trade in it. Also there is -ve Wolfe Wave (with -ve divergence in RSI) in SBIN which is also giving signals for shorting in this counter. Stop-loss 2500 Target 2400, 2364. Attaching 2 charts of SBIN.
Get ready for the action in SBIN. As today it has given signals to get ready for initiating short trade in it. A short trade in SBIN should be initiated @ 2480-2484 as it will be completing its 360 degree rotation which is a strong resistance for it. For safer short trade in SBIN , if it touches 2484 and then closes below it then initiate the short trade in it. Also there is -ve Wolfe Wave (with -ve divergence in RSI) in SBIN which is also giving signals for shorting in this counter. Stop-loss 2500 Target 2400, 2364. Attaching 2 charts of SBIN.
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