Breakout with heavy Volume Should trigger to next big move
A long consolidation with triangle pattern is seen in sbin trend line daily chart shows a breakdown , MACD is on bearish crossover , RSI Flat and above 40 ,
long if breakout happen over trend line with heavy volume . average volume seen increase in recent days in consolidation phase . long above 196-197 on closing basis for short period gains 1 week . long above 204 close base for 30 days or more for gains . accumulating opportunities if you are a long term investor. short if breakdowns below 186-185 .
long targets 208-210 236-240
short targets 175-166
long if breakout happen over trend line with heavy volume . average volume seen increase in recent days in consolidation phase . long above 196-197 on closing basis for short period gains 1 week . long above 204 close base for 30 days or more for gains . accumulating opportunities if you are a long term investor. short if breakdowns below 186-185 .
long targets 208-210 236-240
short targets 175-166