aman12
Long

SBI, sitting on the support level, Next possible scenarios

NSE:SBIN   STATE BK OF INDIA
Hi Guys,

As you can see from the charts that SBIN is just sitting on the support level , And kind of working on Triangle waves formation which can take a while. Generally, it breaks out in the direction of the previous trend which was an uptrend. Triangle formation basically shows a pause the trend when it completes the trend resumes in the same direction.

Price- 291.65
Target is 350
stop below 280
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