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N50-ANALYST
Mar 2, 2021 6:39 PM

Sbin-Flag pole pattern 

STATE BK OF INDIANSE

Description

Sbi trapped in flag-Expected move denoted by ghost feed candle pattern
Buy once it closes above ₹400 for a target of ₹425/450
Sell if the prices slips below ₹385 for target ₹460/425
Wait and watch for the price to break any of the 2 levels
Comments
N50-ANALYST
sell below 385 for target 360/325
sry for typing mistake
dodlasujata70
@N50-ANALYST, sir can is down side breakout confirmed??
N50-ANALYST
@dodlasujata70 technically yes but be watchful as it may be a fake breakdown...Short only if it is a sustained breakdown and one thing more when the price break its support then it is called breakdown not breakout
dodlasujata70
@N50-ANALYST, thank u..i have 340PE lets what happens on monday
N50-ANALYST
may i know at what price you have bought SBI-340PE
dodlasujata70
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