Recent bullishness and last week close above 350 levels in SBIN warrants more attention. 325 to 350 region has been a zone of uncertainty with many failed breakouts. It should be noted that ATR during last week was around 18. The stock moved into a historical supply zone with 2ATR move of 35 pts. This calls for caution. The current sharp move upwards was...
NSE:SBIN FIb levels clearly being followed and a multi year support being in place to make trades easier
BTST IN SBIN FUT MAY FUT BUY@308.5 STOP@305.5 TARGET@313.5 LOT:3000 QTY:2
SBIN Test supply Zone Keep watch And Trade safe... Target 288 & 277
SBIN Wedge Pattern breakout... Keep watch trade Safe Target 270 & 250
SBIN Form Bearish Flag pattern keep watch expect 240 &235 Make your own Entry or wait for the retest
INTRA-DAY SHORT TRADE IN SBI HOURLY DESCENDING CHANNEL BREAK -DOWN CAUTION EXPIRY WEEK MAY SEE VOLATILITY STOPLOSS IMP OCT FUTURES SHORT@257.5 STOP@260 TARGET@252.5 LOT:3000 QTY:1
SBIN break the previous trend and tested Fibonacci Support area keep watch Don't enter the support zone
SBIN trend Break keep watch retest and enter the trade Keep watch retest then enter the trade SL use for 2% Rule
INTRA-DAY TRADE IN SBI HOURLY CHART CHANNEL SEPTEMBER FUTURES BUY@311 STOP@307.75 TARGET@314 LOT:3000 QTY:1
SBIN short pullbach keep watch and trade safe... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable for your...
Guys SBIN Test Supply Zone keep watch and take profit... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable...
Hello traders, SBI had a nice breakdown below 281. In order to take this trade with minimal risk we can try our pullback strategy. I would like to see a weaker pullback into the 281 zone along with lower volume. I prefer to see some bearish confirmation in this zone and then short. Potential cover could be at around 270 zone. Let's see if we get this opportunity...
Inverse head and shoulders pattern is in formation on the daily chart. Target prices are 280, 288 and above in short term. Buying on dips can be more profitable.
* On the verge of breakdown of support line * Break of 240 can take price to ~222