Break out expected.

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Sbi has been consolidating for last few days.
It appears it is its 4 th wave of his on going 3 rd wave.4 th wave appears to be a triangle.
very soon its break out likely to take place.
Along with sbi,hdfc bank too is consolidating.
stop loss should be the dashed line on closing basis.
This is not any trading recommendation ,only my study.
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istantanea
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hourly chartt.stop loss should be dashed line on closing basis.
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istantanea
Chart PatternsTrend AnalysisWave Analysis

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