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Poorest_fool

inverted head and shoulders on SBIN: State Bank of India

STATE BK OF INDIA (NSE:SBIN)  
Poorest_fool  
NSE:SBIN   STATE BK OF INDIA
Cup And Handle Head and Shoulders Parallel Channel
2
0
cupandhandle headandshoulders parallelchannel
A slanting channel on 2 hr time frame, a break out of which can lead towards 620 area and drop from the channel can bring the price to the lower end of the channel or the buffer support area. Beyond which it can retest 550-555 levels.

but on the larger Daily Time Frame, its a head and shoulders in formation and a breakout of which will come above 620.

Do like and leave your thoughts behind.

#Sbi #StateBankofIndia #psubank
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