SBI Bank Analysis for long term and short term

28 Nis

After gave a good move till 5 March price consolidating in a range of 724-793. It's all time high level For SBIN. At 25 April price break the 793 level with a good volume. Now price try to retrace the 793 level. At 793 level if we can find any bullish candle

Swing trader can averaging there position .

For Intraday:
we will wait for taking retrace at 793 level and find any bullish candle for entry with a stop loss of 775. Minimum Target of 1:2 for now.

Also I'll update you accordingly here.