SBIN GOING DOWN TO 161 REGION

I SEE A SHORT OPPORTUNITY THERE AS YESTARDAY THERE WAS SOME BAD NEWS ABOUT 141CR RUPEES FRAUD IN SBI AND ALSO ACCORDING TO THE TREND LINE IT IS GOING DOWN (161.20) IS THE FIB ZONE SO IT SHOULD ATLEAST GO DOWN TO THAT LINE

GOOD FOR INTRADAY FOR SWING TRADERS OTHER STOCKS HAVE BETTER OPPORTUNITY THAN THIS
according to technical side
moving averages show sell
william% in oversold zone but as we are in bearish season we stay longer in oversold zone
to support above statement RSI is still not oversold so its is needs to retrace more

PLEASE TELL ME IF YOU FIND SOME ERROR AND TELL ME WHAT STOCKS SHOULD I ANALYSE
I AM STILL LEARNING