State Bank of India could make Cup and handle and then breakout
This is my first Idea I am publishing.
As shown in the chart before the breakout SBIN will trace back to Fibonacci value 0.382 and then breakout above the 425. RSI is also overbought so there is a chance of retracement and then boom.
This analysis is for educational purposes only...!
As shown in the chart before the breakout SBIN will trace back to Fibonacci value 0.382 and then breakout above the 425. RSI is also overbought so there is a chance of retracement and then boom.
This analysis is for educational purposes only...!
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