📌 SBILIFE | 15 min Idea – 8 June 2025
Bias: Bullish – Inverse H&S Breakout Setup
CMP: ~1840.00
Market Structure
• Inverse Head & Shoulders pattern nearing neckline.
• Momentum building above 1840 resistance zone.
Levels
│ R1 1850.00 │ R2 1875.00
│ S1 1820.00 │ S2 1795.00
Trade Plan
🟢 Breakout Long → Entry on 15‑min close > 1842.00.
Targets 1855 / 1875 | SL 1825.
🔴 Breakdown Short → Entry on 15‑min close < 1815.00.
Targets 1800 / 1785 | SL 1840.
Notes
• Breakout above neckline could trigger 2–3% quick upside.
• Good R:R if breakout candle is with volume.
Set alerts at 1842 and 1815; manage risk ≤ 1% per trade.
#PriceAction #SBILIFE #15min #GLOBALTRADESECURITIES
Bias: Bullish – Inverse H&S Breakout Setup
CMP: ~1840.00
Market Structure
• Inverse Head & Shoulders pattern nearing neckline.
• Momentum building above 1840 resistance zone.
Levels
│ R1 1850.00 │ R2 1875.00
│ S1 1820.00 │ S2 1795.00
Trade Plan
🟢 Breakout Long → Entry on 15‑min close > 1842.00.
Targets 1855 / 1875 | SL 1825.
🔴 Breakdown Short → Entry on 15‑min close < 1815.00.
Targets 1800 / 1785 | SL 1840.
Notes
• Breakout above neckline could trigger 2–3% quick upside.
• Good R:R if breakout candle is with volume.
Set alerts at 1842 and 1815; manage risk ≤ 1% per trade.
#PriceAction #SBILIFE #15min #GLOBALTRADESECURITIES
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.
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.