The ‘SBI’ Stock Trend Prediction

In our last analysis on this stock, we predicted, that stock can show Bounce from 286-290 range, but it failed to do so & we stopped out at 282 level.

The 'SBI' Stock Trend Prediction

Now, today the stock has given the fresh sign for further downside, I have tried to show you the same by an angled line, which earlier acted as good support, but today finally price gave close below that angled line, which is an indication of further downside.

Good entry will be below, 278.70 level, or at the bounce, for the target of 3.5%-5%.

Note: Above mention price projection & other Information are for educational purpose only.

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.