The_Chartereds

BUY | Intraday |20-09-2021

Long
NSE:SBIN   STATE BK OF INDIA

SBI has been taking support at 50% retracement level and is waiting for a breakout.
A buy can be initiated on the breakout for the mentioned targets and stop-loss.

The only condition would be to see how bank nifty performs tomorrow. Although it is expected to give a good rise given its retracement is complete.

DISCLAIMER: The ideas are merely for information purposes. Please consult your financial advisors before taking any trade. Trade at your own risk.

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.