I-Fund-Trader

Short Continuation , Long Holidays ahead

Viés de baixa
I-Fund-Trader Atualizado   
NSE:SBIN   STATE BK OF INDIA
This one is again going for long holiday trip , we are not looking any upside moment in this form here on wards , we will roll over our shorts till it makes our forecast
They made an contracting flat which i was suspecting form day one , but eventually today move out form smaller structure confirms they are heading for 155/145 range
how long it will take i have no idea , but for sure every rise i will be looking to add shorts
Trade ativo:
any close out of the structure will confirm the further bearish sentiment , but before it moves down it will always move up certain points before it turns down ,
One can look for opportunity after the weak rise in the price on daily basis and sell on reversal
Ordem cancelada:
Price did not move out form the structure , our long term view is still bearish but it might move up or stay range bond before it makes an impulse move
Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.