STATE BANK OF INDIA

Bears Taking hold in SBIN

406
How's the josh Traders !!

In SBIN, you all Can Clearly see the chart that SBIN has clearly took resistance at 0.718 % of Fibonacci retracement and I think this is Wave 2 forming & Completed in SBIN.

Next is Wave 3 impulse wave (Wave 3 is the Longest among all Impulse Wave) so we can clearly see a Downtrend Starting in SBIN.

SO,
SELL SBIN @ 837-850
STOPLOSS @ 875
TARGET @ 700/680


NOTE : This is for Educational purpose please ensure with your financial advisor before taking any trade.

HAVE A GOOD DAY TRADERS

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