SBI remains poised for a potential double top breakdown. On August 6th, I discussed the possibility of a vibration pattern breakdown triggered by a price of 794. While the stock briefly dipped to 795, it subsequently consolidated.
Despite the passing month, 794 continues to serve as a critical breakdown level. If breached, prices could potentially decline to 743 in the near term.
Additionally, the price and time factors are currently in balance. According to Gann’s theory, this alignment often indicates the potential for a substantial price movement.
SBI Double Top: A Breakdown is Brewing
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