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Swing Setup

STATE BK OF INDIA (NSE:SBIN)  
pranav_nanavare  
NSE:SBIN   STATE BK OF INDIA
Supply and Demand Trend Lines Triangle sbinanalysis sbin sbinforecast sbinlong sbinshort sbintrend sbintechnicalanalysis sbin-chart Ascending Triangle
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supplyanddemand trendline triangle sbinanalysis sbin sbinforecast sbinlong sbinshort sbintrend sbintechnicalanalysis sbin-chart ascendingtriangle
EXPLANATION : This is a 1 hour time frame chart of SBIN . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on SBIN , I am expecting a target of more than 7 % here . If give a strong breakdown and broke its trendline support & demand zone with high volumes and retest the same , I am bearish on SBIN .

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