SBI has been consolidating for a while now. It has been making consistently higher lows and a nice uptrending channel is getting formed. It is now very close to an inflection point. With a little measured risk, one can go long at current prices and add to positions above 196. Targets and SL mentioned on chart.
Yorum:
Good upmove as estimated. Stock spent couple of days around 195 and has given a breakout touching the next target of 200. Keep holding. This is just the beginning of a breakout...higher levels are coming