- SBI is not giving any sign of relief for bulls. No daily or weekly reversal candles yet.
- RSI as seen in the last chart is reaching extreme levels which might give a reversal.
- But the target for the consolidation breakdown is near 2070 levels. Price might get there after a bounce.
- One more thing to note is the structure of the stock which has formed a lower high in daily time frame which is bearish in the medium term.
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