Chart says it all, repeated pattern with similar timing of @6days
SBIN Test Supplyzone Keep Watch retest If Fail Don't Enter Target 316-310
FIRST LET IT CLOSE BELOW 328 IN 15 MINUTE CANDLE ON CLOSING BASIS TARGET IS GIVEN WITH ARROW ALSO THERE IS A GAP AT 306.50 IT WILL SOME DAY BE FILLED AND MOVING AVERAGE IS STOP LOSS ON CANDLE CLOSING BASIS GOOD LUCK NOTE: TRADE AT OWN RISK PROFIT YOURS LOSS YOURS :)
If price holds above 50 MA then it may go upto 266-270 range.. break below the lower green trend line support may drag the price lower..
SBI took support at long term support zone. Buy SBI for medium term targets 280/310, SL as per your risk or closing below support line.
Hare Krishna !, Showcasing some technical confluences for a possible alternative outlook. A break an close above the channel will open doors to 315 All in the chart. Good Luck
SBIN :- Do U believe breakout? Plan A : If retest Done Target 308 & 333 Plan A : If retest Fail Target 277 & 263
Follow Chart Instruction. 2 trade opportunity possible. 2nd trade opportunity is better one. Low Risk and High Reward.
Sbi currently swinging in demand zone. For Long - Buy entry - 353 Target - 361 For Short Entry - 347 Target - 337 Stop Loss for both trade is 349.55
SBI is currently at immediate support levels. If it breaks it we may see levels of 332-331 i.e 1st blue line from top and if it breaks it then ultiamte target will be 2nd blue line from top that is Rs. 322-321 levels... Strictly avoid any positional longs in SBI...