Princetechnicals

SBIN Weekly Update 07/JUN/24

NSE:SBIN   STATE BK OF INDIA
SBIN is Crrently not good at Levels to plan Entries.
A Rising wedge pattern is Recognised on WEEKLY TIMEFRAME. More dips to come soon.
As it did not break above The 3rd june Pqnic High.

A regular Bearish divergence on RSI to be found with the pattern.

MONTHLY RSI > 60
WEEKLY RSI > 60.
DAILY RSI < 60.

Will sit back & regognise the pattern formations.

HAPPY TRADING
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