SBIN - Harmonic Sell below 288 for 280

9 kwi 2017

Going Below 288 & holding below 288 - can dip to 280 support where look for initial halt if holds or going below 280 -it can fall sharp.

We come back to inspect if 280 holds.

Monthly Chart
Move above 335- proposed "d-leg" of the triangle in previous long term analysis -if crossed in future then we expect good upside target. We shall do the projections once 335 & above is breached.

10 kwi 2017

Zlecenie aktywne

11:04 Hrs 10th April2017

Last Price@288.20

It dipped to 287-286 & bounced above 288 -Likely we will wait for any further action. I am on sidelines means no position.

10 kwi 2017

Zlecenie aktywne

11:19 Hrs 10th April2017

Last Price@288.20

It is neither going upside & going below 287.50 shall continue down -we need to check what could a small stop loss for this short trade if we take.

10 kwi 2017

Zlecenie aktywne

13:20 Hrs 10th April2017

Last Price@288.20

Not holding below 287.50 & turned upside. So, we again wait for the bounce to sell

11 kwi 2017

Zlecenie aktywne

12:39 Hrs 11th April2017

Last Price@292

Bounces from 287.50 -intact from yesterday.

16 kwi 2017

Zlecenie aktywne

17:08 Hrs 16th April2017

Last Price@291

Going below or sustaining below 290 is a problem - The fall from 296 was very sharp -so Next - we want to see 296 taken out for any buy positions.
Bang On for a small move from 287.50 -which gave a leg upside till 296. Keep moving with the market -let it throw you out helped me gain maximum out of that leg.

18 kwi 2017

Zlecenie zamknięto ręcznie

Closing this post at 291 -Price