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STATE BANK OF INDIA
Long

Symetrical Triangle breakout on SBIN initiating a long trade

By rohitgupta161087
Updated
SBIN after a long consolidation have given a breakout of the major resistance of 195-200 zone and at the same time given a breakout of symetrical triangle pattern and now retesting it. A long trade can be initiated here with sl of previous swing low for target1 and target2.
Note
207 high
Note
today high 208.45. near target 1
Note
target 1 hit
Note
today high 215.8 now running for target 2
BANKNIFTYbanksbreakoutChart PatternsNIFTYpsubankssbinswingtradeswingtraderswingtradingTrend Analysis
rohitgupta161087
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