SBIN - Monthly breakout possible in few months
SBIN has been consolidating for years and years.
I personally expect this 10-year consolidation to break out this time and follow the pattern as expected.
Buy in Cash at CMP, Buy more at 270-280. Add even more at 230-240 levels if it comes.
SL 200 - Monthly close basis.
Targets 373-466-598.
Let's review this after a year or two.
Dis:- Holding from much lower levels at an average below 200.
I personally expect this 10-year consolidation to break out this time and follow the pattern as expected.
Buy in Cash at CMP, Buy more at 270-280. Add even more at 230-240 levels if it comes.
SL 200 - Monthly close basis.
Targets 373-466-598.
Let's review this after a year or two.
Dis:- Holding from much lower levels at an average below 200.
Trade active
SBI 400+ from 310 in no time :) :) :) :)Note
580+ now :)Close to final breakout target 598
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.