STATE BANK OF INDIA, LONG, TARGET- 290, STOPLOSS-260

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After downtrend, Bullish Harami pattern is formed which can be seen in blue box of graph. The pattern indicates upcoming uptrend. Relative Strength Index (RSI) has started making movement in the upward direction, which can be seen by a black arrow in the graph. Upward movement in the RSI also indicates upcoming uptrend. The share will cross 290.
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Chart PatternsHarmonic PatternsTrend Analysis

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