STATE BANK OF INDIA
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State bank of India - Cup & Handle pattern

255
SBIN brilliantly formed a Cup and handle pattern in Daily time frame. Now it is in the Handle phase, we need to wait for the breakout at 445 and a successful retest to avoid false signals.

Target can be upto 115 points. Its better to take positions in cash market, FNO traders need to take a far month contract as this will take maximum 6 month period to achieve.

Kindly share your valuable feedback.

Disclaimer: Please do your own analysis or consult your advisor before taking any trade. This view is for educational purposes only.
İşlem aktif
Long position active
Not
Its retesting the 440 levels.
Not
keep holding it till 520. now its near 500
Not
90% of Target is achieved. It came till 540.

Feragatname

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