STATE BANK OF INDIAEducation
Trend reversal study
On 25th Oct 2019, trend reversal happened in SBI bank. on that day, candle was bullish engulfing with significant rise in volume, along with EMA 5 positively crossed over EMA 26 hence changed the direction of trend. Although it could not continue this uptrend and again down fall when EMA 5 negatively crossed over EMA 26.
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