Most awaited breakout- SBINFinally we got the most awaited breakout in SBI . As per the measured move & the channel's upper range , the stock will keep moving on !
SBI
STATE BANK OF INDIA BREAKOUTSTATE BANK OF INDIA (SBIN) has breakout of range consolidation, Stock today on August 2020 breakout of Rising Wedge patter as marked on the chart. We can see levels upto 248- 250 in the next 2-4 months. One can Go long with the stoploss below 188 on Weekly closing basis.
SBI BANK BUY Above 210sbi bank has broken its consoldation range and it is on verge of breakout so once it crossed 210 and stays above it for an hour you can go for 1s target 222 rs 2nd target 280
Buy SBI swing call
Hi,
Everyone how are you?
Today I am giving you a swing call of SBI.
kindly hit like and comment below if any suggestion
Alway trail your SL
SBI CARDS Trade Setup This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Short sell for tomorrow SBI LifeSBI card is facing very high resistance level. In 5 mins candles bulls are becoming weak. Expect a downfall tomorrow.
SBI Short Trade!Any trader who wants to trade in SBI. Please wait for correction till 193-194 and take your position. After that you will have target around 204 and stoploss at 190.
Intraday setup SBINSBIN broke again 200 levels on friday. It is again and again hovering around 200 levels.
We can use trend lines, Support and resistance levels drawn on the chart to initiate intraday positions around those levels.
SBIN, long positionCMP-201.90
yesterday SBI had given a breakout on daily charts. it passed it long time resistance level(marked as red) of 198. last two days closing is above this level, this indicates the trend is here to stay. Also the Fibonacci retracement 23.6% was placed at 198 levels. today selling was seen but volume was low with respect to previous days that implies it would not fall soon. today's closing is above 100days EMA, which is a good sign. near term, the target is around its 200days EMA i.e. 228, which is also the Fibonacci level 38.2%. stop-loss at 198, below this, it will show weakness.
Being invested in SBIN is boring because it doesn't move as our expectations but if you watch closely it follows the chart pattern very well. thus entry and exit prices can be correlated form charts.
SBI Range boundSBI must break 200 levels to give further movement upside.
With a solid previous quarter results, Holding and waiting for the breakout.
DON'T MISS THIS OPPORTUNITY IN SBI BANKIf it does not go below yellow trend line then it is very strong. The volumes have been good, i am buying if it takes support at yellow trend line. I will take a positional trade for next week.
Breakout with heavy Volume Should trigger to next big move A long consolidation with triangle pattern is seen in sbin trend line daily chart shows a breakdown , MACD is on bearish crossover , RSI Flat and above 40 ,
long if breakout happen over trend line with heavy volume . average volume seen increase in recent days in consolidation phase . long above 196-197 on closing basis for short period gains 1 week . long above 204 close base for 30 days or more for gains . accumulating opportunities if you are a long term investor. short if breakdowns below 186-185 .
long targets 208-210 236-240
short targets 175-166
Buy SBI :: Expected growth 20 to 30%Initially move like choppy and whenever price hold 205 to 215 then it will touch 230 to 245 within a month.
Cheers!
Buy sell is your choice.
SBIN: wait for the opportunity1. Prices are moving in between a resistance level and an inclined trend line
2. A wedge that needs a breakout
3. There was a bearish divergence in the daily chart and today could be a retest
4. for strong down move it needs to break the trend line
5. For a strong up move, it needs to break the resistance line
Stay safe, trade with proper risk management.
SBI - Inverse H&S Stock is forming an inverse Head & Shoulder pattern . Breakout above 200 & sustaining the neckline will lead the prices to the target of 240-245 zone .
TRADE THE TREND AT SBI BANK, RETRACING FROM A PULL BACKSbi is retracing back from a pull back, support and resistances are drawn, place your targets and stop losses accordingly.
SBI CARDS This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
SBIN - Rising wedgeAbove Mentioned :
Red lines - Support - 190 , 183
Green lines - Resistance - 202 , 208
Buy at support line with candle confirmation and sell at Resistance line.
And careful , about Rising wedge.
