PowerTrades

#SBIN time to watch out for a low risk move

Short
NSE:SBIN   STATE BK OF INDIA
#SBIN at a crucuial inflexion point, confluence of multiple tops and bottoms. a good swing trade can emerge from here.specially looking for an upside swing failure
Comment:
The impact of the failure was good, #SBIN(-1.7%) corrected relatively way deeper than #Banknifty(-0.48%) and other peers
Comment:
this is now below the volume zones of 265, that should hold up now and would be a shorting candidate zones in pull backs

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.