As we can see on the chart #SBIN has given BO with WRC and volume expansion and after that it has retested and now consolidating in the range.
In this consolidation if you observe it only one negative candle which has no follow through and after that couple of long tail candle which show the buyers at BO level.
Further it is taking support of 20MA which shows me strength of stock.
In this consolidation if you observe it only one negative candle which has no follow through and after that couple of long tail candle which show the buyers at BO level.
Further it is taking support of 20MA which shows me strength of stock.