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Parthiban-Sampath

SBIN in uptrend with 10 month old support line

Long
STATE BK OF INDIA (NSE:SBIN)  
Parthiban-Sampath  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Support and Resistance Trend Lines
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trendanalysis supportandresistance trendline
SBIN is in uptrend for a long time with a trendline support from December 2020. And it has formed short term ascending triangular pattern.

The stock has given breakout from the triangular pattern and retraced.

Buy above 487
Target at 522
Stoploss below the blue breakout line

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