#100 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know. Leave a comment that is helpful or encouraging.
SYMBOL: SBIN 1. Bullish market structure 2. TRENDLINE SHOWN ON ABOVE CHART GO FOR SMALLER TF. 3. Trendline breakout Heading For R1: ~437+ 4. Good Market Sentiment and Recent News 5. Support & Resistance zone: 433 to 437 6. Target: Short term: 437+ Mid-Term: 442+ Long-Term:450+ 7. IF BREAKS THE TRENDLINE THE TARGET WILL BE AS FOLLOW : 427 / 423 / 419 ...
Buy ioc Pros: petrol price hike. COVID case decrease. Lockdown restrictions loosen. High dividend stock. Your money will be safe at Govt owned Company. Good to go.
Buy tata power for short term Target of 140.
#71 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. Leave a comment that is helpful or encouraging. Let's master the markets together .
SBI seem to be forming a Head and Shoulder pattern in the shorter time frame chart. The pattern to be completed needs the price to test the neck line placed near 420-418 levels and break below. The immediate targets for the set up, if it realizes can be 406/393. The stop loss needs to be placed above 436, which is slightly above the most recent high made intraday...
SBI Cards gives a breakdown of its trend support Note: Don't go for short, it may bounce because It is not a perfect breakdown so, look for buying opportunity, but if you still wanna go short only after confirmation candle Also, Keep It Mind that If stock market experts are experts, they would buy stock not selling advice. so trust no one make your own analysis
SBIN long entry above 620 target 1: 428 target 2: 432 sl: 416 Sbin is on channel line support, we expect this to hold, as we have seen pin bar at our support. We can take entry now at 623, or wait for a small pullback till 620. Maintain strict sl, any break of this channel line will be a sharp fall in sbin.
#54(GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation.and if you have any queries let me know. I have also linked my views on stocks which on the verge of breakout BELOW. Leave a comment that is helpful or encouraging....
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade Check these Upcoming ideas - STILL ACTIVE Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below If you like my analysis do like & follow me as a...
SBI IS VERY GOOD BANK AND IT HAS VERY GOOD WEIGHT IN NIFTY BANK SECTOR IS UNDERPERFORMING AND BANK NIFTY LOOKS BULLISH TARGET UPTO 52 WEEK HIGH AT 441 AND STOP BELOW TRENDLINE
Double Top, a bearish reversal chart pattern explained What is Double Top Pattern ? NSE:SBIN Double top is a trend reversal chart pattern formed after good bullish price move (a continuous price move for a good duration) where the upward price movement looses its steam (first top) and it retraces a bit (to neck line or mid point). Then again it moves in...
SBIN short entry below 430 target 1: 424 target 2: 420 sl: 432 Sbin has broken below neckline of 430, we can take short entry from here for target of 424 and 420. We can take entry now at 429 or wait for pullback upto neckline at 430. There is previous Monthly high of 427.7 which will give some support. Below it we can see fast movement towards our targets.
On trendline breakout, go long Good Support at levels of 419 20 ema support also taken Target 1 - 437
Based on Fibonacci retracement levels first resistance is around 427 level and once its broken can propel towards 492 levels. Looks good to hold for 1 year period with target of Rs 700. Major value unlocking event is when government lists yono app of SBI and it can command hefty valuations for the shareholders.
According to chart of sbi my view is for long position with stoploss 360