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SBI Stock Near Critical Support

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In our last analysis, we pointed out that stock has given a fresh sign of further downside & yesterday stock made the low around 263, which is nearly 5% downside profit move.

In our further analysis, we can see that stock has completed its primary price cycle & any further decline will take place only on holding below 263-260 price range, which at present looks good energy point.

It’s always profitable when we understand the underlying aim & plan of TIME & PRICE, but not only of the time.

Both always move identical to each other, but the missing thing is an application which obliges both the factors at the same time in our favor for profitable trades.

If you are seeking such profitable possibilities for your trading career, then you must have a look at our exclusive & valuable course offerings.- Divesh

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About the Author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.