SBI Elliott Wave 5 Bullish Setup: Entry 410‑420, Target 535‑570

SBI is in a bullish Elliott Wave 5, with entry zone 410‑420 and stop‑loss at 390; price target set between 535‑570.

Signal: bullish

Current Elliott Wave count: Wave 5th

• Preferred levels:
• Target: 535-570
• Stop Loss: 390
• Invalidation: 390

We exited our earlier position in SBI after observing a five‑wave rally upward, which appears to be the first wave of a larger five‑wave impulse. The new entry range is 410–420, with a stop‑loss at 390 (also the invalidation level). A second, more conservative entry could be placed after the breakout of the first wave. Our current price target is in the 535–570 range.