Sbi has been consolidating for last few days. It appears it is its 4 th wave of his on going 3 rd wave.4 th wave appears to be a triangle. very soon its break out likely to take place. Along with sbi,hdfc bank too is consolidating. stop loss should be the dashed line on closing basis. This is not any trading recommendation ,only my study. Please like this post if it helps you. Follow me to get updates.
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hourly chartt.stop loss should be dashed line on closing basis.