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KaustavHazra

SBI Bank Analysis for long term and short term

Long
STATE BK OF INDIA (NSE:SBIN)  
KaustavHazra  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns Wave Analysis sbin sbinanalysis bullishpattern
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trendanalysis chartpattern waveanalysis sbin sbinanalysis bullishpattern
After gave a good move till 5 March price consolidating in a range of 724-793. It's all time high level For SBIN. At 25 April price break the 793 level with a good volume. Now price try to retrace the 793 level. At 793 level if we can find any bullish candle

Swing trader can averaging there position .

For Intraday:
we will wait for taking retrace at 793 level and find any bullish candle for entry with a stop loss of 775. Minimum Target of 1:2 for now.

Also I'll update you accordingly here.
Ask me anything I am happy to help you.

To motivate us, Please like the idea If you agree with the analysis.

Thanks & regards,
Kaustav Hazra
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