SBIN - Financials signaling rebound?
The banking space has been worst hit and specifically the Public sector banks that are correcting almost 30-40%
SBIN is the market leader when it comes to PSB and holds the most premium
1 - Stock is in higher high higher low
2 - The double top breakdown has achieved its pattern target
3 - Two important trendlines are converging at 660 - 690 zone
4 - It is also 2024 Highs zone where inflection point can help
5 - Can keep an eye since Financials lead by 6 month in cycle analysis and banking can rebound incase a new upward trend starts
#WatchOutFor#TechnicalViews#HiddenGems#TrendingSectors#PsychologyofMoney

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