SBI came up with very good numbers over the weekend. if the stock gaps down and bounces from 500-510 level this proposal is a high probability and can go up to 570-580 before reversing for the C wave correction. if this plays out then it will be bear trap followed by bull trap.
This chart is for educational purpose and not a trading idea.
Nota
I would lean towards running flat if it stays below 549 level, will update the counts in next two sessions
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