SBIN has taken support at trendline for few times.
If trendline is broken, it can move towards main channel support OR will keep consolidating below 515-520 to form triangle or rectangle pattern.
Take confirmation from RSI and traded volume .
Moving average is taken on daily basis.
If trendline is broken, it can move towards main channel support OR will keep consolidating below 515-520 to form triangle or rectangle pattern.
Take confirmation from RSI and traded volume .
Moving average is taken on daily basis.
Note
Trend line Support is broken Retest is required now.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.