SBIN SBIN is showing bullish reversal sign and can achieve 560 level zone easily in coming weeks with buy on deeps strategy (only in new high new low formation) .current resistance for sbin is at 533/532 zone, above that 540 /538 is the next resistance zone,
best entry will be when sbin hits 540/538 res zone and retests previous resitance of 433/532 and makes it a new support, sl should be be 510 as current support zone is at 521/517 from which sbin can carry on the upside trend move.
Note
bin hits 548 level, may retest 533 below 538 candle close incase of gapdown or panick sell.Note
sbin in 550 zone, going on trackNote
sbi reaches 560 zone,above this we can expect steady uptrent if sustains above 560/553Trade closed: target reached
sbi 580+, cheers to those who traded
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Disclaimer
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.