Monthly Chart
State bank of India has completed triangle on a larger degree...bounce from 145--148 zone was the sweet spot for buying the equities.
In traditional analysis, C & E-Wave formed Double bottom....So, once D-Wave top@335 is taken out...SBIN will take 3rd Gear....A possible Thrust could be expected ....Up...Up..& Away....
On shorter version, it could correct -moving into the shoes of Index in coming days...
Regards,
Abhishek H.Singh,CMT
State bank of India has completed triangle on a larger degree...bounce from 145--148 zone was the sweet spot for buying the equities.
In traditional analysis, C & E-Wave formed Double bottom....So, once D-Wave top@335 is taken out...SBIN will take 3rd Gear....A possible Thrust could be expected ....Up...Up..& Away....
On shorter version, it could correct -moving into the shoes of Index in coming days...
Regards,
Abhishek H.Singh,CMT
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)