SBIN
has sharply fallen from a downward channel. Now forming a pennant pattern.
Though it is bearish pattern it is tough to take a view on it. The best idea will be follow the price.
The probable targets are mentioned on either side. Put a tight stop loss
Though it is bearish pattern it is tough to take a view on it. The best idea will be follow the price.
The probable targets are mentioned on either side. Put a tight stop loss
Trade closed: target reached:
Lot of whipsaws...