SBI LIFE 3 MAY 2021


Target Hit

Entry @923 SL 914 Target 941(1:2 risk reward)

I Closed my position @948 .

Though the stock is rising as per our rule I closed my position as soon as  the target is hit 

 Strategy   

Candlestick reversal from

1)Price support

2)RSI Support(Rsi near 40)

3)50 period Simple Moving Average Support

4)200 period SMA < 50 period SMA

Time Frame-1 Hour

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