SBI is down from 2090 on Wednesday to 1857 today on poor earnings.
Here's a profile picture :
After hitting balance on Tuesday, the stock shows there distinct distributions marked in green in the chart above.
Friday was a double distribution day as the stock found new value below 2000.
This morning's open has see the stock reject this distribution from Friday and continue lower to the medium term support at 1857.
A move above 1893 today can put the stock back to 1947/ 1965 where the seller should come back again.
An auction then lower from 1947 to 1897 is a bigger possibility.