it's just touch 50 rs today at an old trendline support.
The trendline is being followed since nov 2020. If it breaks this price then a long downfall is expected or it may take a reversal from this line like it did 4 times earlier.
SBI - Breakout & Trend reversal. Moving up from FEB 2020 & 2021 month support line. Consistence buying volume. MACD crossover to bullish. Above 20 Days SMA & Touching 50 days SMA.
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IIFL Breakout & Trend reversal. if tomorrow candle opens above today's close then good chances of uptrend. Check for MACD crossover. Crossed & crossing 20 & 50 Days SMA respectively.
Resistance at 295
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