IIT-Trader

SBIN--Head & Shoulders pattern??

IIT-Trader Aggiornato   
NSE:SBIN   STATE BK OF INDIA
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.
Commento:

**If these ideas are Helpful !
Please Like, Follow and Comment
Also share your thoughts in the comments section.
Thanks for your Support **
--Educational Purpose Only--
--Not SEBI Registered--
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.