SBI Daily Analysis Double Bottom Pattern Formation in SBI SBI has made Double Bottom Pattern . As per analysis The projected Target of SBI would be 605.65 but we all know there will be some buffer in theoretical and actual movement so i divided the profit into two parts. The target 1 will be 605.65 and target 2 will be 649.85 this is the highest level of...
Stock has already concluded it's running triangle structure at Oct'23 low of 543 and currently rising in an impulsive manner after the breakout. The measured target for this structure is coming in the region of 790-800 zone. Hence, stock is likely to hold above INR 600 on any weakness and extend it's gains towards INR 790-800 in the coming weeks. A sustained...
Market break the all resistance level with high volume and FII/DII support... it is show that the buy on dip market..
Hi Everyone This is our final chart of SBI which consist 10 percentage weightage of Bank NIfty. Already posted HDFC bank and ICICI bank (both consist 60 percentage weightage) With this you will have proper understanding of current and future directions of banknifty. I will update further when the times come, till than happy...
These weekly levels are created using Dynamic Volatility calculation, and Polynomial regression methods to arrive at the proper range for the next week and associated targets. Buy Above 579.70 Buy Targets 585.04 590.35 594.65 598.95 605.06 608.77 621.44 635.35 Sell Below 573.20 Sell Targets 567.86 562.55 558.25 553.95 547.84 544.13 531.46 517.55 See the...
This analysis is in 15 minutes timeframe, on Monday if you see any side breakout you can activate the swing, or try to take a " 1:2 " risk ratio at the start and then you can activate your swing after that bring your stop loss to cost and continue your trade...
This analysis Is on a 15 M Timeframe you can activate both short and long after opening, the market's strong move first take the " 1:2 " target and then bring your stop-loss to cost and continue your trade...
The overall banking sector is suitable for buying opportunities, SBI Bank has been the most appropriate stock for a long and it is near to all-time high, if there is any pull bank it would be buying on deeps.
Downside gap is pending so definitely market has to full fill these gaps sooner or later. Conditions applied: If market goes below the intersection point of Trendline & Channel line which is @ 462.70 then we can go for short till gap was filled @ 449.2
NSE:SBIN Observations: 1) On 1Week time frame, we can see it has formed kind of Head and shoulder pattern. Please refer below chart : 1week time frame. Immediate support is at 440 level. Breakdown of 440 will invite more selling. 2) On 1hr time frame, it made rounding top pattern. Please refer below chart : 1hr time frame. ...
Market take support ..This lower blue line is buy zone and Upper blue line is profit zone .. market oversold..this is my idea ..and yours comment below .. this is not a tips ..only thought ..
NSE:SBIN Observations: 1) On 1 day time frame, we can see rounding bottom pattern. And stock is near the resistance zone. Either from here on breakout of this range it can give good up move or if it failed then we can see down fall. Please refer below chart : 1day Time Frame. 2) Also on 15min time frame, we can see this support channel. Please refer...
SBI bank share at BO level. Again resistance level is testing. Can trade above 532 with SL 520 for the next expected target of 550-560. RSI also forms +ve divergence. This is for your educational purpose only.
Hi This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week if you have any query, than write in comment box. Thank you.
The stock is looking good to buy above 433 for the marked targets on the chart until the red line is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Hi take a look its a good pattern with the "double top pattern" ," support and resistance " : And you can see CUP WITH HANDLE : have a great trade .