Breakdown in sbin
A pennant breakdown occurs in an established downtrend in sbi.
Price is below 55 ema.
RSI is also bearish.
Volume is more Than twice on breakdown day.
If it is able to break low of yesterday, it can give us a short term swing upto 425 and stoploss is 465.
Price is below 55 ema.
RSI is also bearish.
Volume is more Than twice on breakdown day.
If it is able to break low of yesterday, it can give us a short term swing upto 425 and stoploss is 465.
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