Stock Update [SBIN]
SBIN just saw an excess a few days back. And presently testing the re-accumulation zone. last few days are creating a sideways zone. And the previous move was a sharp down move. So clearly sellers are not doing a good job. A Weak Low suggests that sellers may be exhausted, so we need to test below the weak low to find if any new selling is present, and if not then we will zoom up once again.
Acceptance inside the re-acc zone may result in sideways trading inside the re-acc zone.
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Skip towards the end of the video to see the analysis of SBIN.