SBI as on 18th June gave a Triangle Breakout. As you can see from the charts , it was in Range for some days,later tested Support multiple times and broke down to test Major support.
Now from the Major support ,Price tested the market again,resulting in Ascending Triangle Breakout with respect to Volume breakout.
It broke yesterday's High and is Marching Forward.
Now the Immediate resistance in front of it is at 180.85 region. And immediate support which was once the Resistance is 176.20
For BUY - Buy above 180.85 else Sell below 176.20
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@anandaggarwal,
Evening .
Our target was 183.
I had shared this in my Telegram group itself before taking the trade.
If you have more doubts contact us on Telegram:
Telegram ID- @hustlecircuit
Thanks
Lodha
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