STATE BANK OF INDIA
Long

SBIN : +4% Upside Potential

SBIN 13 Dec 2022
Stock is in a consolidation zone for the past week, likely BO from 619-620
Summary
CMP 615.80
A week of consolidation
Price compressed
Nice Big Bull candle at closing
Conclusion
Trade can be initiated for 1:3 Reward with stop below 609
Potential Swing Target 630/640/645

Wish You Happy & safe trading

Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.

"Always Respect Risk"

Happy Trading
Jai Hind Jai Bharat

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