SBIN HAS GIVEN A BREAKOUT, POSITIONAL TARGET ARE AROUND 260
SBI BUY -196 STOPLOSS 189
TARGET1-215
TARGET2-240
NIFTY PSU SECTOR IS ALSO IN LINE WITH THE BREAKOUT GIVING MORE REASON TO RALLY.
This seems to be in a triangle. An up move can come following a dip for wave e.
A corrective structure is also forming in SBIN. So both of them can move up together.
Tomorrow is RBI policy outcome. Let's see.