STATE BANK OF INDIAShort
SBIN RISING WEDGE
A rising wedge is forming in SBIN from the last two months. Clear rejection can be seen at the upper and lower trendlines
Chaikin money flow also supports the idea
Once the stock breaks below the lower trendline, short the stock
Target - 171
Stop loss - 215
Chaikin money flow also supports the idea
Once the stock breaks below the lower trendline, short the stock
Target - 171
Stop loss - 215
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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.
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.