Original Call Date: 27th March 2025 - Wyckoff-Based Price Projection for SBI Life: Bullish and Bearish
Updated Overview:
Updated Overview:
- Breakout Level (SOS): 1584 was successfully breached – confirming a Sign of Strength.
- Price sustained above the resistance zone and moved toward projected targets 1720 → 1863.
- Current Price: 1835 (as of latest update)
Bullish Continuation Outlook:- As long as price holds above 1584 (SOS), continuation toward 1900+ levels possible.
- Minor pullbacks to support zones (1501 / 1447) may offer re-entry opportunities.
Wyckoff Phases Observed:- 📉 PS, SC, ST → 📊 Spring, LPS → 📈 SOS Breakout → BU/LPS Rally
- Structure confirms a textbook Accumulation Phase leading to a trend reversal.
Disclaimer:lnkd.in/gJJDnvn2
- 📉 PS, SC, ST → 📊 Spring, LPS → 📈 SOS Breakout → BU/LPS Rally
- As long as price holds above 1584 (SOS), continuation toward 1900+ levels possible.
Disclaimer
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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.