PrasantaP

Chart Of the Week !! 21 March 2021 !!

Long
NSE:SBIN   STATE BK OF INDIA
*Stock has given a breakout after 10 years of long consolidation on weekly chart .
*After breakout stock has pullback TO its support area and filled up the gap in daily chart which has created at the time of breakout .
*Life time high breakout already happened.
*If we look at the volume part, significant volume activity is witnessed at the time of breakout.
*Price has also trading all the important moving averages.
*Considering all technical evidences we may see good up move in SBIN.

CMP-471.00 RECO-Buy Entry Range-Rs.365.00-373.00 Target-520.00/630.00 Stop Loss-358.00 closing basis.
Duration- 06 to 12 Months.


Thanks for reading and kindly let us know if you have any questions.

Comments

Thanks. will Buy today
Reply
PrasantaP Kotha_Rao
@Kotha_Rao, always
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out