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SBIN: Pennant breakout!

Long
STATE BK OF INDIA (NSE:SBIN)  
StockShaala  
NSE:SBIN   STATE BK OF INDIA
Chart Patterns sbin positional LONG breakout
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chartpattern sbin positional long breakout
State Bank of India has had its Pennant breakout last week.
The pennant breakout is usually considered a continuation pattern although in this case it appears like a reversal pattern.

This short term breakout pattern could be a good LONG opportunity as SBIN reverses from it strong support zone.

Time your entry and enjoy the ride!
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