SBIN DOUBLE TOP REVERSAL PATTERN
STATE BANK OF INDIA has confirmed the double top reversal pattern today below 270 levels. The shape has completed the criteria of a reversal pattern.
So sell SBIN on rallies at around 265 -268 levels we may see downside up-to 247 levels which is also its 2oo day sma on weekly charts…Maintain a stop of 278 on closing basis.