SBIN- Rising Wedge Breakdown

SBIN looking weak on chart but there is big consolidation range (224-240) that can help to pull back in SBIN. This range is best for accumulation but if there is breakdown than you can see the level of 160 too so Stay away for now and try to buy only above 244 and avoid short now. Just short in stock below 224 then you can see the big lower target in that.
RSsbinTrend Analysis

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