SBIN has broken past its neckline and is moving towards its long awaited resistance level after forming a beautiful double bottom, a long trade can be taken on break of resistance on high volume. Target: To previous High 536.75
Keep It Simple
Note
SBIN has formed a rejection candle and we may see a slight consolidation or a pullback.. Lets wait and put our money elsewehere until we see good strength signs
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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.