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hihello007

NSE SBIN / SBI Descending Channels

STATE BK OF INDIA (NSE:SBIN)  
hihello007 Updated   
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
SBIN has taken support at trendline for few times.

If trendline is broken, it can move towards main channel support OR will keep consolidating below 515-520 to form triangle or rectangle pattern.

Take confirmation from RSI and traded volume .

Moving average is taken on daily basis.
Comment:
Trend line Support is broken Retest is required now.
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