STATE BANK OF INDIA
Long
Aggiornato

sbi looks bullish in medium term.

price is moving in a uptrend channel in weekly time frame, and the current trend is up, so it should easily go to the channel resistance.

sl - 274, tgt1 - 310, tgt2 - 330
Trade attivo
moving as expected, till now 294.5
Trade attivo
moving up as expected , till now 296.1
Trade attivo
moving up as expected, till now, 309.25
Trade attivo
1st tgt achieved, till now 311.20
Nota
price came again to the channel support istantanea
Nota
probable wave count in weekly, istantanea

So it is now going through flat correction
Nota
fractal count of flat correction, in.tradingview.com/x/iWCo

in flat correction, wave c generally of same length as wave a, so 269 level is a good level to enter. istantanea
Trade attivo
looks like wave (c) is complete, and price at horizontal channel support. istantanea
Nota
price should reverse from here.

Declinazione di responsabilità