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Tag Archives: Support and Resistance zone

SBI Shares - Price action has formed failed Breakout Formation in Mean reversion Structure

SBI Shares Price action – Failed Breakout and Mean reversion Structure

By Trading Predator June 15th, 2018 No Comments

For almost 8 months, SBI Share prices are trading in a narrow Sideways Market condition also referred as Mean Reversion. A structure in which Range bound strategies and non – directional volatility techniques works out well. Average mean value of the Stock is 300; prices are constantly fluctuating up and down within this mean value.