MagixStox

SBIN entering a consolidation zone

NSE:SBIN   STATE BK OF INDIA
SBIN is entering a historically tested consolidation zone(marked by blue flags). Expect sideways movement for few days before seeing a breakout or breakdown to initiate long or short.
Comment: As expected SBIN ran out of fuel in the zone, expecting it to remain sideways

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nice
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Good analysis...
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