State Bank of India was running in a symmetrical triangle and has given a positive break today. But does not show any demand and strength, might retest the trend tomorrow and take its further path. Trade carefully.
Trade attivo
Though the market opened weak due to the global weakness and fear of inflation. SBI opened with a gap down but progressively managed to maintain a positive outlook. Next resistance at 365, and tomorrow we shall know where it goes.
Trade chiuso: obiettivo raggiunto
The symmetry is broken, resistance breached and hopefully sustained lets wait for new targets.
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