Observation -
1. Historically SBIN When price came near 150.00 level that always bounced and move upwards up to 32% to 36% (mentioned in chart) and after 35 % upmove then this stock pullback 18% to 23%(mentioned in chart)
2. At this time if u compare to the historical price action i think #SBIN pullback to 170.00 level .
3. As per historical price action 170 to 175 is a ideal level to buy this stock .
This is my analysis not recommendation .
1. Historically SBIN When price came near 150.00 level that always bounced and move upwards up to 32% to 36% (mentioned in chart) and after 35 % upmove then this stock pullback 18% to 23%(mentioned in chart)
2. At this time if u compare to the historical price action i think #SBIN pullback to 170.00 level .
3. As per historical price action 170 to 175 is a ideal level to buy this stock .
This is my analysis not recommendation .
