Hello traders,
SBI had a nice breakdown below 281. In order to take this trade with minimal risk we can try our pullback strategy. I would like to see a weaker pullback into the 281 zone along with lower volume. I prefer to see some bearish confirmation in this zone and then short. Potential cover could be at around 270 zone.
Let's see if we get this opportunity before hitting the cover zone.
Trade safe, stay healthy.
Best Regards
Afraidtotrade