STATE BANK OF INDIA, LONG, TARGET- 290, STOPLOSS-260

Updated
After downtrend, Bullish Harami pattern is formed which can be seen in blue box of graph. The pattern indicates upcoming uptrend. Relative Strength Index (RSI) has started making movement in the upward direction, which can be seen by a black arrow in the graph. Upward movement in the RSI also indicates upcoming uptrend. The share will cross 290.
Trade closed: stop reached
Chart PatternsHarmonic PatternsTrend Analysis

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