SBI Life insurance ascending triangle breakout

SBI Life insurance Ascending triangle breakout happening.

Comment:

#sbilife did breakout to nearly 17% from the previous resistance zone forming an ascending triangle few weeks
back and it was retracing this week due to the bearish momentum divergence but good news is that there is a probability of a short bullish momentum reverse divergence seen on daily that could again move it up. Otherwise momentum and trend of stock is bullish on all timeframes. have tight stop loss below the breakout zone

Comment:

#sbilifeinsurance #SBILife breakout retraced and if u got stopped out of earlier divergence move here it regains the momentum and trend and could be moved further up