#SBIN (Cmp: 454.10)
We had recommended the stock earlier, whose target was fulfilled. Now stock has formed Dark cloud cover candlestick pattern on daily chart. Safetraders can go for short (sell future contract) on confirmation candle (next bearish candle). Expecting downside upto 440-430 level (cash levels) in coming trading session.
Disclaimer: Above provided view & recommendation is posted for educational purpose. There is a risk of loss in investing or trading in securities (cash or futures or options) which you should be aware of prior to making an investment/trading decision, including the possible loss of principal. You are responsible for all investment decisions you make including understanding the risks involved, even if it is based on information. Therefore. before taking any financial decision you are requested to consult with a financial expert.
SBIN - chart - 4730222