This stock has been making a Higher High and Higher Low pattern as per daily charts. It has followed the 65 day exponential moving average as dynamic support for retest and has bounced back from those levels on consistent basis. Seeing on upside the stock after hitting life highs on 8th march 2021 of a price of 650 it has seen some profit booking and consolidation...
This stock has corrected badly from higher levels and from last few trading sessions have not managed well to close in green,even it broke 2400 levels which it breached last time on sept21,2019 and closed below it.Even volume profile suggests it has closed below its point of control.Most likely to break 2000 levels ..sell it
Sbin looking strong in both hourly and daily charts.As per 50High-15close-50 low setup as well there is buying indication (credits @rachitpjain) 255 has proved to be a good support and a close above higher band of bollinger confirms the trend to be on upside in near term.Above 268, it can test 285,296,315.
