STATE BANK OF INDIA
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SBI, BEST LONG SETUP AFTER 4 MONTHS

3408
SBIN is able to finally breakout from its 4 month long resistance which is respected 6 times in same period. Stock is trading at 199 with 200 being psychological barrier as well. Once 200 is crossed, it can show good strength.
Chart is self explanatory with required levels.

Price action trading is a process of using price to analyze stock possible movement. Keep your charts as simple as possible so that you keep focus on most important element on chart "PRICE".
If you receive any benefit from idea, appreciate by your likes/comment. If you earn from my ideas, kindly consider donating small part of your profits to those in need.
Reach out if you wish to learn simplest form of price action and willing to put effort in practice.

Cheers!
Piyush Gupta

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