STATE BANK OF INDIA
教育

Trend reversal study

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On 25th Oct 2019, trend reversal happened in SBI bank. on that day, candle was bullish engulfing with significant rise in volume, along with EMA 5 positively crossed over EMA 26 hence changed the direction of trend. Although it could not continue this uptrend and again down fall when EMA 5 negatively crossed over EMA 26.

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