🐻 SBI: Basement Bound? The Bank’s Bargain Hunt Continues! 🛒 SBI is currently trading at 773, but it’s eyeing the escalator down, with potential stops at 744, 714, 692, and if we really squint, 592! It’s as if SBI’s on a mission to explore every floor in the discount department. 📉
With a series of lower levels looming on the chart, we might be witnessing a full-fledged bargain hunt. SBI seems ready to give us all “generous” entry points — assuming you’re feeling brave enough to step in as it descends. After all, why settle for 773 when 592 might just be around the corner? 😅
If this trend keeps up, SBI could end up giving us Black Friday vibes well ahead of schedule! So, for the optimistic contrarians out there, stay vigilant for a bounce. But for now, it looks like this bear might still have a little more room to roam. 🐻
So, watch those levels carefully, folks — and keep your buy orders snugly below, just in case SBI’s “sale” has a few more markdowns in store! 🎢
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.