manglam

Breakdown in sbin

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NSE:SBIN   STATE BK OF INDIA
A pennant breakdown occurs in an established downtrend in sbi.
Price is below 55 ema.
RSI is also bearish.
Volume is more Than twice on breakdown day.
If it is able to break low of yesterday, it can give us a short term swing upto 425 and stoploss is 465.
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