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SBIN - Monthly breakout possible in few months
STATE BANK OF INDIA
Long
SBIN - Monthly breakout possible in few months
By tsarun1992
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Updated
Oct 29, 2022
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Feb 1, 2021
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.
Feb 5, 2021
Trade active
SBI 400+ from 310 in no time :) :) :) :)
Oct 29, 2022
Note
580+ now :)
Close to final breakout target 598
Chart Patterns
sbin
Trend Analysis
tsarun1992
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