SBI Channel Breakout Long

STATE BK OF INDIANSE

Description

⋅ Dec 11, 2021 6:48 PM

Trade -

Entry: 477.5
Stop: Below 466.5
TGT1: 495
TGT2: 512

SBI has given a disjoint channel breakout likely ending the downtrend as the stock had been under pressure from last few days given its weight in Nifty. The breakout offers a perfect long entry opportunity with a good risk reward setup.