State Bank of India was running in a symmetrical triangle and has given a positive break today. But does not show any demand and strength, might retest the trend tomorrow and take its further path.
Trade carefully.
Trade carefully.
Trade active:
Though the market opened weak due to the global weakness and fear of inflation. SBI opened with a gap down but progressively managed to maintain a positive outlook. Next resistance at 365, and tomorrow we shall know where it goes.
Trade closed: target reached:
The symmetry is broken, resistance breached and hopefully sustained lets wait for new targets.