SBIN looking bullish on the weekly charts. (18/08/2025)State Bank of India is trading around the resistance zone after convincingly breaking the trendline and taking support from the weekly moving averages.
The stock has closed at 826.55 this week gaining 2.77% week on week.
If the stock starts trading above 833, there are chance of it travelling till 860 levels in the coming month.
SBIN has posted good result as well.
Major resistance :- 833, 865
Entry :- Above 833
SL :- Below 818
The stock looks bullish on the daily and the weekly charts.
Wait for the stock to close above the resistance levels on the daily chart frame.
Nifty5
BSE Bombay Stock Exchange Technical👉🇮🇳As per recent data on chart of #BSE #BombayStockExchange has shown significant trading volumes, especially in derivatives like options and futures, indicating active technical trading. The Sensex has been noted for setting new records, suggesting bullish trends that technical analysts would interpret through various indicators. but in my view top has been made please find the 📉chart for your reference.
#bseltd ❣️ #renderwithme #stockmarketsindia #ShareMarket #Nifty #Nifty50 #MarketNews
Nifty daily analysis for 055/09/23.A gravestone doji after a gap up opening is creating confusion in the market.
Nifty after a gap up opening came for selling in the first hour and after that slowly went up and closed near the opening price.
On the hourly time frame, there is a bullish moving averages cross over and today the market took support around 19450 levels.
The market gave gap filling trade and after that continued to push higher very slowly.
On 15 minute chart, market retested the 20 ema and began an up move after testing it.
Support :- 19460, 19330
Resistance :- 19550, 19620
Wait for the price action near the levels before entering the market.
Nifty view for 10 Jan '22NIFTY has been rising since last few days and now have started into a consolidation zone.
The immediate channel it has formed is from 17650 - 17950. On 10 Jan, it could be seen trading within this range if opened flat.
If it breaks this range, it could be seen between the range 17400 - 18100.