Description
⋅ SBI Life has formed double bottom pattern on daily chart. while the RSI is making higher lows which is sign of RSI Bullish Divergence.
Entry:
We can go long after close of strong bullish candle near support zone.
Stoploss:
We can keep stoploss below the support zone.
Target:
We can keep target near the next resistance zone which will be also the neckline of W pattern in future, as marked on chart.
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