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dravya
19 Th03 2017 18:37

SBIN - Chart for this week  

STATE BK OF INDIANSE

Mô tả

Here, I have drawn levels and lines for SBIN which I'll use to
supplement my trading decisions for this week ( 20-24 March) .

Personally I'm looking for shorting opportunities, preferably intraday.

Sharing if it helps :)

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Monday update : Fell, recovered, unable to cross upper blue line. See how it behaves tomorrow. Stays below or crosses :)

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Personally, I'd look at lower timeframes to go deeper on what's happening. Won't be able to update live.

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Had a nice handshake with both the trendlines ;)
Now drawing a downward trendline would indicate more things.

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This is the new trendline to look for.

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On a much zoomed in level.

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Open below trendline making it a candidate for short. Weak.

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Took support at blue line, reversed with volumes. Stuck at the upper blue line.

P.S. Im not holding any position.

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Has broken out of the trendline with good volumes.

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See ! 2.25 % follow through after that trendline breakout ;)

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Amazing upmove from 266 blue line and great breakout from trendline.
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AMBRISH
Can you show next resistance line ? as it has closed at trend line support.
dravya
@AMBRISH, Which trendline ? If you're talking about the green one, it's the price line.
AMBRISH
@dravya,Yes, Green price line at 293.30.
padiyara
I also have a similar view
nice chat
Thanks
dravya
You're welcome @padiyaraa Sir :)
dravya
@dravya, you must have benefitted with this breakout.
AMBRISH
Thanks, i will use 276 as S.L. for short,
dravya
@AMBRISH, for very-short term , it's fine :)
Subra1953
Will watch for opportunity Thanks heaps
dravya
@Subra1953, You're welcome !
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