Trade-Technique

Where is the Bottom of the SBIN? - (daily & weekly)

NSE:SBIN   STATE BK OF INDIA
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"" DAILY CHART ""
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  • correction wave -106 (100%)
  • impulsive wave -177(in contiuating)

--> LH and LL are confirmed after the impulsive waves. After completing the impulsive wave, the correction wave will start for first target 211 - 230 and 244-258 shortly. Impulsive wave more than 70% extended than correction wave which is great for next correction wave.




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"" WEEKLY CHART ""
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Fair value with the parallel channel,
  • an excess
  • gravitation line will attract the price shortly
A project of for a reversal but till not confirmed.



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