STATE BANK OF INDIA
Short

SBI Sell (Triple top formation on daily chart)

67


Due to the formation of triple top prices are expected to go down. Major support zones or Take Profit areas:

400 (best TP: above 401 )
353(TP: above 356)(0.5 fib retracement)
332 (Historical supp/resist zone)

The price is expected to fall to around 353 and could possibly fall to 332.


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