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STATE BANK OF INDIA
Long

SBIN continues making HIGHER LOWs

By jashjacob
Updated
SBIN is still making higher lows within INR200.00 range for the last few months. This is with reference to my post on Aug 5th when first suggesting that SBIN has been making higher lows and the time frame rapidly reducing for the swings.

Breakout can be expected once it crosses the sentimental INR204.00 range.

Trade active
SBIN touched on 25th August 2020 with market opening INR 206.50
Trade closed: target reached
Perfect retrace to our levels. If price breaks INR210.00, we may see a breakout.
Note
PRICE BREAKOUT! AUG 27th as expected right above INR 210.00
Note
SBIN closed above INR 215.00
Perfect retrace with the chart.
Trade closed: target reached
Breakout on 28th August - reached a high above INR 225.00
BANKBANKNIFTYsbinsbinanalysissbinbreakoutsbinforecastsbinlongSupport and ResistanceTrend AnalysisTrend Lines
jashjacob
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