DrStock_AkashChugh

SBI Multi year breakout - Target 420

Long
NSE:SBIN   STATE BK OF INDIA
SBI is breaking out of multi year channel of 147-365. It tried in last couple of weeks earlier also but there was a pull back. On weekly charts, there had been a bullish pivot and on daily charts it has made bullish candles which have closed above last days dojo patterns high. So bullishness will continue. If it crosses 375, then immediate target of 420
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