The chart looks very attractive.
If one looks at its Quarterly chart, it'll seem like a test of the breakout area, and now headed higher for yet another breakout.
Notice there's a similar pattern formed in Oct-Dec before it broke out.
Moving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close...
Neckline of this head n shoulders pattern is about to get breached and SBI is just hinging on slight support zone around there. We don't know how the markets gonna open today & Nifty also plays a part in opening,so it may be repelled up or can breakdown.We will enter this trade setup only if SBI has valid bearish close below 254 and when the price pierces into the...