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IIT-Trader
Mar 15, 2024 3:15 AM

SBIN--Head & Shoulders pattern?? 

STATE BK OF INDIANSE

Description

This stock is bullish in action.
A strong fall is noticed from the header section 795 levels
and we have a left shoulder at 780 levels.
price after clearing the liquidity below neckline price will take u turn until the right shoulder which is strong. So keep an eye on this stock for short once reaches to the right shoulder area.
we have a demand zones lies at 650-640 areas.
wait for the price to form a right shoulder, to confirmation and breaks the neckline for more confirmation and retest for more confluence to enter short side up to the demand zones.

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Comments
IIT-Trader
what do you think about this idea??
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