Now SBI Move to 5th Wave if day candle close with target Zone 1. we can consider wave it end incase day candle cross the target Zone 1, then move to Target 2.
Sbi on daily chart looks good and its taking support near 291-293 can be a buy on dips near to support level with the given stoploss on closing basis.
Dont take any new entry in SBIN if you bought already then must use Stop loss 225. if cames any good news for banking sector then you can some good movement otherwise Trend is Bearish . Banking sector is not Right Time For investment wait some Years. SBIN Very Good Opportunity Between 140-150. Stay Tuned.......!! Learn Here , Earn EveryWhere
SBI price Has Been consolidation between 275-260 since last 12 days. It shows that price has been exhausted after 4 days rally. and it may shoot up more.I will wait for the given levels. keep Eye on SBI. If breaks the trend line then price can reach to 315-340 this expiry only.