SBILIFE for Short term & Positional Long

SBI LIFE INSURANCENSE

Description

⋅ Dec 27, 2020 5:10 PM

SBILIFE has made an inverted H&S pattern near it's crucial 10 month old TL. The pattern has already activated and if this TL is intersected, one can expect 920 levels in the short term and 990 levels in the long term.

Comments

yogeshiitrk

⋅ Dec 29, 2020 12:23 PM

I believe Inverted H&S is a reversal pattern and prior downtrend is must.

Ashwani_Sharma

⋅ Dec 31, 2020 2:01 AM

@yogeshiitrk, Yes sir I agree with you completely.

Dwivedi_VIbhav

⋅ Jan 2, 2021 7:45 AM

@yogeshiitrk, totally agree..

TraderParth

⋅ Jan 1, 2021 7:46 AM

sir for the success of your study it must need to break the 31/7 level which is around 921.

DGDG50

⋅ Jan 3, 2021 3:47 PM

@jkshah1210, yes bro, you are very correct..921 will act as a resistance..

aadityanaik2012

⋅ Jan 6, 2021 11:09 AM

good catch.. once the stock crosses 920 .. it will run higher to 1000 in no time.