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PrasantaP
Aug 19, 2020 1:47 PM

SBIN chart price action analysis 

STATE BK OF INDIANSE

Description

Observation -
1. Historically SBIN When price came near 150.00 level that always bounced and move upwards up to 32% to 36% (mentioned in chart) and after 35 % upmove then this stock pullback 18% to 23%(mentioned in chart)
2. At this time if u compare to the historical price action i think #SBIN pullback to 170.00 level .
3. As per historical price action 170 to 175 is a ideal level to buy this stock .

This is my analysis not recommendation .
Comments
Profitable_Traders
SBIN always make a W on weekly chart. Check out there history.
For more update follow my channel: in.tradingview.com/u/Shyamraaja/
PrasantaP
@Shyamraaja, u r right one leg pending to complete W pattern .
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