Sbi was in consolidation phase since may 2021, and it has seen a complex correction in wave 2, in day before yesterday it has seen a minor recovery after testing the lower bollinger towards upper bollinger band, and finally in yesterday's trading session, it broke out from the consolidation and it has also broke the high of wave 1, with daily Macd turned positive, good price action seen along with trendline breakout and also good intensity of Volume.
Trendline breakout with good intensity of Volume Key Levels are Mentioned on chart Macd in daily positive crossover and Uptick and also above zero Macd in hourly positive crossover and Uptick and also above zero line Upper Bollinger band challenged in both daily and hourly along with Trendline Breakout Rsi in both daily and hourly above 60 uptick and Breakout DMI ADX UNGALI POSITIVE in Daily and hourly
Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing