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Downtrend channel breakout in SBIN expected Target of 370+

Long
STATE BK OF INDIA (NSE:SBIN)  
TradZoo Updated   
NSE:SBIN   STATE BK OF INDIA
Support and Resistance Parallel Channel Technical Indicators downtrendbreak swingtrading priceaction Bullish Patterns
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supportandresistance parallelchannel indicator downtrendbreak swingtrading priceaction bullish
In today's session, We have seen downtrend channel resistance breakout in SBIN. This indicates a strong bullish move in this banking stock. If it sustains above 275 level then we will see aggressive upside target of 330 and 370+ for the short term of time.

Possible Trade:
Buy SBIN Above 275
Stop-loss 260
Target 330 370+
Comment:
330+ @1st target
Trade closed: target reached

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