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STATE BANK OF INDIA
Short

Bearish view on SBI

By Ethical_Bear
Updated
multiple rejection at the resistance range 777 to 770, can be a bearish week for this stock, lower level at 757 can be seen this week if price breaks below 770
Trade active
Price close to target, day low near 758.90. We can expect a reversal from low of 757, volume seems to be stable with downside view.

Note - if volume does not fall and price breaks 757 then lower level of 748.10 can bee seen in upcoming sessions. Though any even could change the views completely still price need to reject support in order to move up.
Trade closed: target reached
Trend Analysis
Ethical_Bear
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