SBIN (State Bank of India)
Explore a compelling Elliott Impulse Wave formation on TrendingView, revealing a robust breakout support at 622. The presence of a symmetric triangle pattern suggests potential movement through the ascending channel (black line). With a short-term target range of 686 (0.5) to 698 (0.618) based on Fibonacci retracement, this analysis incorporates technical indicators like Daily Stoch RSI nearing zero.
Note: The provided information is for educational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor before making investment decisions.
Note: The provided information is for educational purposes only and should not be considered financial advice. Always consult with a qualified financial advisor before making investment decisions.
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