It has been observed that the price action was consolidating at the support levels and now it breaks above the consolidation indicating buyers coming back strongly and pushing prices up.
T1- 261
T2-268
SL 248
T1- 261
T2-268
SL 248
Handel aktiv
Handel aktiv:
Moving strongly above the consolidation and now shall reach t1 shortly. Thanks
Handel aktiv
Handel aktiv:
Banking stocks moving from their lows.
Handel aktiv
Trade stängt: Stopp nått:
SBIN hit the stoploss with the gap down but it is still at the strong support of 240-242 levels. Once it closes below it then the down trend shall continue otherwise we could see a sharp rally up in next session. Thanks
Handel aktiv:
SBIN did bounce back well from 240-242 support levels. Next hurdle would be to close above 256 levels in order to continue the rally. Thanks
Trade stängt: målet nått:
SBIN did rally after a short fall as expected and now reached above all targets.
