SBI TRIANGLE Bearish below 265 SL 272 Target 238 – EQSIS PRO

Tagged: TRIANGLE SBI BEARISH BELOW 265

This topic has 1 reply, 2 voices, and was last updated 8 years, 7 months ago by Balaji.

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September 3, 2015 at 3:52 PM #7656

V.VEDANAYAGAM
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Rank: Level 5

SBI formed triangle pattern with good volume at the breaking point and low volume in triangle portion
TRADE PLAN SBI SHORT ENTRY 265
STOP LOSS 272 (RISK 7 )
TARGET 238 (REWARD 27 )

October 4, 2015 at 3:59 PM #11264

Balaji
Participant

Rank: Level 5

Dear Sir,

Everything is perfect in your analysis. I have doubt, only in the duration part. The duration for triangle formation is less than 45 days in the chart. This alone contradicts the condition. Please educate me if I am wrong.
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