SBI 13/01/2021 updated after 1St TP achievedHi
this analyze is base on my preview video analyze of the same ticker
www.tradingview.com
as we can see our first target was 300 to 310 Rs which we had achieved and now we are crossing the 161.8% fib projection which is also called as extension zone in Fibonacci jargon and it gets interpreted that once we touch this zoon after crossing the 127% of the same fib, then we can expect the trend to reach the 261.8% of the same fib projection which I have specified with the TP Zone Box (350Rs)
we may have a renege and consolidation period as we are breaking trough a tough resistance zone which i have specified with the red box.
or a little bit correction to 127% of fib but the ultimate target is to cross the resistance zone and hitting our target price of 350Rs
please comment your opinions
