STATE BANK OF INDIA
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sbi has formed a bull trap

it seems as if it has taken 1.618 level at weekly close basis. but meanwhile closed at .889 level of the previous swing high . So, for me it looks like a bull trap and I will short it for target 580 till 15th august.

take care and happy trading. and my stoploss will be 626 daily close.
Chart PatternsHarmonic PatternsTrend Analysis

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