SBILIFE Breakout in the daily timeframe. but it should consolidate in a smaller timeframe. That's why I have drawn two imaginary expected paths of SBILIFE.
Buying area is 1148 to 50. SL 15 points. Target-1164,1170
or you can buy above 1162 for the target of 1172. In this case, the target is very small but the target can be achieved very fast.
Buying area is 1148 to 50. SL 15 points. Target-1164,1170
or you can buy above 1162 for the target of 1172. In this case, the target is very small but the target can be achieved very fast.
Note
EXACTLY BOUNCE BACK FROM THE LOWER SUPPORT ZONE.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.