STATE BANK OF INDIA
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Multiple confirmations in SBIN (Daily)

Each time the stock falls, it takes support from the trendline and climbs back. Nonetheless, the stock couldn't sustain the December fall and breaks the trendline. After the breakdown, the stock was framing a falling channel pattern, from which it effectively gives a breakout and is at present trading over its trendline. The stock can possibly go up to the level of 535 in short term.
Chart PatternsTrend Analysis

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