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Aakash_doshi21

State Bank of India could make Cup and handle and then breakout

Long
STATE BK OF INDIA (NSE:SBIN)  
Aakash_doshi21  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns sbin
6
3
trendanalysis chartpattern sbin
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...!
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