SBIN: Conditional Trades for Tomorrow
Updated
Buy above 187 for T1: 190; T2: 192: T3:196
Sell below 182 for 180. I don't see SBI falling below 180 under normal circumstance.
Follow ORB strategy on the 15 minute candle; enter on pull-backs.
Sell below 182 for 180. I don't see SBI falling below 180 under normal circumstance.
Follow ORB strategy on the 15 minute candle; enter on pull-backs.
Note
I don't like Gap -UP openings. won't enter for long unless trends get stabilised.short position entry level changed to 184.5 for targets of 182 and 180
Note
Following the limits of 15min candle: watch for a break above 188.5 for long (close above 188.5 on 5 min chart); and break below 186.5 f or short. The mid-range is available for scalping above and below the VWAP following RSI (<14) / stochastic RSI (8338) under-bought and over-bought regions.Trade active
Sell triggered at 186.5. T1-184.5; T2: 182Note
SL 188Trade closed: target reached
T1 hit. Didn't have trailing SL.Will re-enter on retracement
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