I am looking this pattern to unfold in SBI BANK - BHARAT KI BANK !! Target 1 - 677 Target 2 - 896 ( extended case) target 3 - 1115 ( extended case) Time Frame - by JUNE 2022 * FOR EDUCATIONAL PURPOSE ONLY, TRADE AT YOUR OWN RISK !!
#SBIN unable to sustain above 500 & closed as a Bearish Hammer. What's next? 600 or 400 Long-only If close above 502 for target 600 otherwise wait for 460 or 400 for re-analysis.
State Bank Of India shows some power after correction SBI already gives breakout now it is a time to re-test, after re-test over entry price will be 460,470 and target will be 535,540 and stop loss is 438.
NSE:SBICARD is continuously in down trend after touching it's all time high. Now trading around a very crucial support zone it can take a quick reversal from here and give a good RR in swing trade if taken after a retest on bullish side. But if the support is broken with high red volume then the bulls can be trapped. I will enter with Mindset of long term...
Head and shoulder pattern in 1 Hr TF for SBI Card. if break below neckline then you will see next deep till 495 INR. it will be new low.
SBI CARDS consolidating since a long time. It is time to break the ATH. Multiple attempts have been made to do so.
If 500 holds, upside possible Target - 527, 541, 560 RSI at level of 57
SBICARD is looking for a great buying opportunity! After having range for almost 7-8 months & has formed Higher lows on 4h. Waiting for 1185 to break the consolidation then can expect TG for 1500.
this is sbi life on daily frame if moves above 845 (with heavy volume) leads to move up side
SBI has broken out of the ascending triangle and also broke a strong supply zone. The price broke the supply zone and a pullback has been seen. The price took the support of the zone and the trendline successfully. The target is the height of the ascending triangle above the breakout level. So, it comes out to be around 540. Stop loss must be placed below...
SBI monthly chart. flag and pole BO. 2001-2010 - up 2224% 2010-2021 consolidated. if we go for long term target (pole lenth-8-10 years ) T1-half of pole target-4100 T2- pole lenth target-8200 Its just for study purpose. do ur own analysis b4 investing.
what is Ascending Triangle ? Ascending Triangle is a bullish pattern that indicates the price moment on the upward side . I expect a good upward side moment in this channel reasons are as follow 1: its a bullish pattern } 2: no sing of correction in nifty why not ? if seen a good correction in nifty then it may fall down... *always 60-80% technical...
Diminishing Triangle Pattern in SBI Card, Watch for break-out after this consolidation phase.
SBIN seems good "buy on the dip" opportunity. It has been forming the ascending triangle pattern. @johntradingwick -NSE Certified Technical Analyst -NSE Certified Fundamental Analyst Disclaimer : This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Sbi is looking in small range . so keep watch on it . The range is old.
#statebankofindia #SBI Any Breakout from previous resistance of 464 for SBI and a green close about it could indicate good moves upside and may be the time for going for a long entry on this stock. trending on a parallel channel with Momentum and trend indicators indicating bullishness on short ,medium and long term Channel breach or entry candle low at...
Seems double bottom at 430 Try to buy with a sl of 429 CMP 431.50