SBI LIFE INSURANCE CO LTD
Long
Updated

Cup with handle BO in $NSE:SBILIFE

245
SBILIFE

Pattern details:
  • Sideways trend before forming Cup with handle pattern
  • Cup with ~20% correction and length of cup 26 bars
  • Handle length is 9 weeks and ~6% correction.
  • Volume needed to increase the success probability


PAT for the quarter ended 30 June 2023 at 381 cr, 45% growth Y-o-Y

LEMONTREE 's and TATAPOWER 's patterns are still in progress

Disc - invested, for educational purposes only
Trade closed manually
Nifty has made a bearish move today. Moving into cash for now.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.