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manglam

Breakdown in sbin

Short
STATE BK OF INDIA (NSE:SBIN)  
manglam  
NSE:SBIN   STATE BK OF INDIA
Chart Patterns Technical Indicators
1
0
chartpattern indicator
A pennant breakdown occurs in an established downtrend in sbi.
Price is below 55 ema.
RSI is also bearish.
Volume is more Than twice on breakdown day.
If it is able to break low of yesterday, it can give us a short term swing upto 425 and stoploss is 465.

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