SBI Life – Technical Setup (Refined with 2nd Inside Candle)SBI Life Insurance Co. Ltd.NSE:SBILIFEYogesh_35📊 SBI Life – Technical Setup (Refined with 2nd Inside Candle) Range-Bound Consolidation (147 Days) Stock has been consolidating in a broad 1,720 – 1,900 zone for nearly 5 months, even during weak market phases → shows strong resilience. Inside Candle Formations 1st Inside Candle: Marked earlier at the initial breakout attempt. 2nd Inside Candle: Formed again near the neckline resistance (~1,845–1,850), signaling compressed volatility and possible breakout readiness. Multiple inside candles near resistance indicate energy build-up for an impulsive move. Support & Trend Structure Strong support at 1,718–1,772 zone. Major trendline intact and defended multiple times, confirming institutional buying. Breakout Levels A decisive close above 1,850 neckline resistance with volume will confirm breakout continuation → targets open towards 1,900 / 1,950 levels. On the downside, 1,796 / 1,772 act as immediate supports; breach below 1,718 would negate the bullish setup. 📌 Trading Plan Buy Zone: Above 1,850 with strong volume. SL: Below 1,772 (safe traders can keep below 1,718). Targets: 1,900 → 1,950 → 2,020 (positional).