SBIN Update
As we have expected, SBIN too moved in the expected direction. It made a high of 2470 and our mentioned level for shorting was 2463 which is a Gann SQ9 level. Our trade got triggered on 20/05/13 @ 2463 ( Shorted 3 Lots) and today our target of 2360 has been achieved successfully. And @ 2360 we have covered 1 Lot. Now our trade has become risk free. The rest of the trade will be carried forward with our trailing stop-loss @ 2460 on closing basis for further targets. The view remains same.
2463 - 2360 = 103 X 125 = 12875 Profit.
As we have expected, SBIN too moved in the expected direction. It made a high of 2470 and our mentioned level for shorting was 2463 which is a Gann SQ9 level. Our trade got triggered on 20/05/13 @ 2463 ( Shorted 3 Lots) and today our target of 2360 has been achieved successfully. And @ 2360 we have covered 1 Lot. Now our trade has become risk free. The rest of the trade will be carried forward with our trailing stop-loss @ 2460 on closing basis for further targets. The view remains same.
2463 - 2360 = 103 X 125 = 12875 Profit.
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