SBI Life – Wyckoff Accumulation Update | 90% Target Achieved

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Original Call Date: 27th March 2025 - Wyckoff-Based Price Projection for SBI Life: Bullish and Bearish
Updated Overview:
  • Breakout Level (SOS): 1584 was successfully breached – confirming a Sign of Strength.
  • Price sustained above the resistance zone and moved toward projected targets 1720 → 1863.
  • Current Price: 1835 (as of latest update)

    Bullish Continuation Outlook:
    • As long as price holds above 1584 (SOS), continuation toward 1900+ levels possible.
    • Minor pullbacks to support zones (1501 / 1447) may offer re-entry opportunities.

      Wyckoff Phases Observed:
      • 📉 PS, SC, ST → 📊 Spring, LPS → 📈 SOS Breakout → BU/LPS Rally
      • Structure confirms a textbook Accumulation Phase leading to a trend reversal.

        Disclaimer:lnkd.in/gJJDnvn2

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