State Bank of India Monthly Analysis
There is a nice solid trend line. Since June 2009, we can see a trading range which is well consolidated over time defining interesting market supports and resistances.
Finally on the candle of May 2020, we observe a nice rebound on the bottom of the Range,
constituting a potentially interesting level to buy in anticipation of a potential market rise.
Finally on the candle of May 2020, we observe a nice rebound on the bottom of the Range,
constituting a potentially interesting level to buy in anticipation of a potential market rise.
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