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Bhrmer

Swing opportunity in State Bank Of India

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STATE BK OF INDIA (NSE:SBIN)  
Bhrmer  
NSE:SBIN   STATE BK OF INDIA
Trend Analysis sbin SBI sbinanalysis sbinlong LONG swingtrading swing swingsetup swingtradingsetup
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trendanalysis sbin sbi sbinanalysis sbinlong long swingtrading swing swingsetup swingtradingsetup
Monthly RSI- 60
Weekly RSI- 60
Daily RSI- 40

A strong breakout from a multi year channel. The price has come to the multi year resistance level which will most probably now act as a support forming a higher high, higher lows structure. As Bank Nifty recovers this stock will see new highs.

Target1- 420
Target2- 450
Time: 3-4 months(target can be achieved early too)
Aviso legal

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