AbhishekHSinghCMT

SBIN--State Bank To Take 3rd Gear Above 335

Long
NSE:SBIN   STATE BK OF INDIA
4
Monthly Chart
State bank of India has completed triangle on a larger degree...bounce from 145--148 zone was the sweet spot for buying the equities.
In traditional analysis, C & E-Wave formed Double bottom ....So, once D-Wave top@335 is taken out...SBIN will take 3rd Gear....A possible Thrust could be expected ....Up...Up..& Away....

On shorter version, it could correct -moving into the shoes of Index in coming days...

Regards,
Abhishek H.Singh,CMT

Best Regards,
Abhishek H. Singh, CMT
​Growth Director - TradingView India

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