Bearish Butterfly pattern is in making on SBIN daily Chart . Leg XA, AB, BC are completed and are making confluence at perfect Fibonacci ratio and leg CD is under formation. it may go up to 320 ( 1.61 extension of BC ) to 331 ( 1.27 extension of XA) level , before the downward movement.
Declaimer : This analysis is for education purpose only.
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.