SBIN looks bearish

SBIN which at highest of the time, showing head and shoulder pattern. volume seem to be diminishing.

watch for the breakdown below 430.

Zlecenie aktywne:

breakdown confirmed... around half way to the target

Zlecenie aktywne:

after breakdown it showed a retracement and took resistance from previous support zone. this is usual behavior after breakdown. it is important to hold on and monitor the stoploss.

Now it has started moving towards its target.. keep watch and trail the stoploss