Get started
travellingtradermumbai

SBIN looks like buy on dips

Long
STATE BK OF INDIA (NSE:SBIN)  
travellingtradermumbai  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis Chart Patterns buy Bullish Patterns trend sbin
6
0
trendanalysis chartpattern buy bullish trend sbin
There was a strong bullish breakout in the Daily chart of SBIN on the 25th April. This resistance now becomes a support at 793 which was respected yesterday.
The candle made today isn't very strong but the trend is clearly bullish.
My idea would be to buy with SL below 793 and targets of 830 and 850.


Educational purpose only
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.