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Tagged: SBIN - DOUBLE BOTTOM - BULLISH
Two equivalent bottom formed at A(15th Dec) and B(5th Jan) with significant volume at Point C(12th Jan), the duration between A and B is approx 20 day and qualifies for double bottom. Trade Plan: Direction: Bullish, Position: Long.
ENTRY:315
SL:303
TARGET – 327
LONG POSITION CAN BE (C) CONSIDERED ABOVE 315
Kindly use Daily chart so that it will be visible clearly
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