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nirmalmishra
Dec 30, 2018 4:17 AM

Bearish Butterfly Pattern in SBI ? Long

STATE BK OF INDIANSE

Description

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.
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