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LoveForCharts
Oct 12, 2021 6:01 PM

SBIN - LONG setup Long

STATE BK OF INDIANSE

Description

This has been my fav stock in the PSU banks space.

Chart looks great on both Weekly and Daily charts. At a very critical stage right now and at resistance zone. Nice strong candle for closing and firmly up at the resistance zone, but RSI on both Weekly and Daily charts bullish and no where near overbought zones.

200 daily MA below should be strong support and positive trending stock.

Keep an eye on the whole PSU space for action.

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