I was going through SBI charts. There was a break out gap around 21st of May. I amy not able to analyse after that. Can you help me – EQSIS PRO

Meenu Ayyappan, May 24, 2019, Question and Answers, SBI

Help with analysis of sbi chart

3 Comments

Udit (Rytonz) 5 years ago

ok what help do u need?

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Author

Meenu Ayyappan 5 years ago

Can u help me analyse it

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Naresh 5 years ago

Hi,
SBIN overall trend is range bound market but the stock has witnessed a higher top and higher bottom formation for the past few months. We can see the high-volume breakout on 20th may 2019 which shows the new upside short-term rally. So, the bulls can survive in coming days if the breakout gap remains unfilled.

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