SBIN symmetrical triangle break
Updated
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.
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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.
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