*****Please follow, support and like this idea if it helped you in anyway*****
***This is not a financial advise***
It is a long term stock -
***it might even surpass the 450 band***
The current major support is still holding and respecting
Total of three perfect touchdowns & 4th touch down might take the market to make a lower low from the last three lower low
Some interesting facts about State Bank of India is - that it is keep making higher high every 10 years has tried many times to make a new higher high every 5 years
so next three years to five years, Sbi is can be seen trading in 250 to 350 price band area
***This is not a financial advise***
It is a long term stock -
***it might even surpass the 450 band***
The current major support is still holding and respecting
Total of three perfect touchdowns & 4th touch down might take the market to make a lower low from the last three lower low
Some interesting facts about State Bank of India is - that it is keep making higher high every 10 years has tried many times to make a new higher high every 5 years
so next three years to five years, Sbi is can be seen trading in 250 to 350 price band area
Trade active:
waiting for 212 mark,
will see if the trade is able to break the channel or will struggle it here after hitting two double tops
will see if the trade is able to break the channel or will struggle it here after hitting two double tops
Comment:
The share jumped and heading towards our first safe profit booking area
Trade active:
Safe Profit - 232 booked