SBI: Some Room for Short
Aggiornato
Hello traders,
SBI had a nice breakdown below 281. In order to take this trade with minimal risk we can try our pullback strategy. I would like to see a weaker pullback into the 281 zone along with lower volume. I prefer to see some bearish confirmation in this zone and then short. Potential cover could be at around 270 zone.
Let's see if we get this opportunity before hitting the cover zone.
Trade safe, stay healthy.
Best Regards
Afraidtotrade
SBI had a nice breakdown below 281. In order to take this trade with minimal risk we can try our pullback strategy. I would like to see a weaker pullback into the 281 zone along with lower volume. I prefer to see some bearish confirmation in this zone and then short. Potential cover could be at around 270 zone.
Let's see if we get this opportunity before hitting the cover zone.
Trade safe, stay healthy.
Best Regards
Afraidtotrade
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Now everybody knows that SBI is in bearish trend. But can there be a safer and better way to trade it..SEE THIS ☝Nota
Hit the target zone quickly but without any pullback into sell zone. Trade cancelled.Nota
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Pullback or fresh move?? No signs of weakness as of now.Nota
JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
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Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
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