STATE BANK OF INDIA
Long
Zaktualizowano

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
Zlecenie aktywne
moving as expected, till now 294.5
Zlecenie aktywne
moving up as expected , till now 296.1
Zlecenie aktywne
moving up as expected, till now, 309.25
Zlecenie aktywne
1st tgt achieved, till now 311.20
Uwaga
price came again to the channel support snapshot
Uwaga
probable wave count in weekly, snapshot

So it is now going through flat correction
Uwaga
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. snapshot
Zlecenie aktywne
looks like wave (c) is complete, and price at horizontal channel support. snapshot
Uwaga
price should reverse from here.

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