SBI good long candidate

SBI spot cmp 358

Elliot wave study
Good buy on dips candidate,,
Corrective wave 4 of impulse phase is in progress,, if wave 5 unfolds we can see good upside in counter,,

Hidden bullish divergence on RSI,, Trend line support around 335 levels,,
Good demand zone around 310 to 330 levels,,
Best range to go long around 310-330
View gets violated below 290 on closing basis..

Good long candidate...

Transakcja zamknięta: osiągnięto wyznaczony cel:

long in counter was recommended around 320

now trading around 465,,
if chart is observed projection of wave 5 was around 460 levels

all targets doneeeee


145 points in this trade
book total profit