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STATE BANK OF INDIA
Long

BULLISH on SBIN

Par Kunal-Battu
SBIN

The prices have given the breakout from the flag pattern on the 4 hour charts. Previously the stock gave the breakout from a triangle pattern and after that now made a flag and gave a breakout. The prices are above the moving averages which shows bullishness. The MACD has turned bullish. The RSI is above 50 which shows good momentum. The view is for upto 2 months duration. The Target and SL is on the charts.

Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Bullish PatternsBullish FlagChart Patternsflagbullishflag-patternindianmarketindianstocksTechnical IndicatorssbinTrend Analysistrianglebreak
Kunal-Battu

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