Technical analysis of SBIN with RSI and Moving averages
From the daily chart of SBIN, the RSI indicator was showing positive divergence, and it has crossed the confirmation call for buying the stock. Even, the SBIN trend line has broken for the buying call.
Also, Heikin ashi charts gave indication for going long and Triple moving averages are also giving the same indication.
Also, Heikin ashi charts gave indication for going long and Triple moving averages are also giving the same indication.
Note
SBIN made a high of 197. Gave us good profit points.
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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.