STATE BANK OF INDIA has just broken through the support level at 793 Rs. A short trade entry opportunity arises after a retest at 793-790. Additionally, Goldman Sachs has recently downgraded the stock.
Note
SBI has reached the previous support level, which will now act as a crucial resistance level. It's a good time to enter a short position, or you can wait for further confirmation. Keep a close watch to seize the opportunity.
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