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SBILIFE

SBI LIFE Looking Good Made A Good BaseNSE:SBILIFE is looking good. It has made a base around 1395-1338; today, it broke above major Levels. The RSI and MACD are Showing Strength. Results are Due in a few Days Watch Closely. F&O Activity: Short Covering Seen Today With PCR of 0.70 and 1400 PE as Strong Option Base. Trade Setup: It can be a Good 1:1 RISK-REWARD Trade. With the recent base being crucial levels. Target(Take Profit): Around 200 DEMA For Swing Trade or 1660 Levels for Positional. Stop-Loss: Around 20 DEMA For Swing Trade Recent Base for Positional Trade. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FLLOW for more 👍BOOST if useful ✍️COMMENT Below your views. Meanwhile, check out my other stock ideas below until this trade is activated. I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:SBILIFELong
by Karanshah137
LIC for 30%+ gainsDate: 5 Oct’24 Stock: Life Insurance Corp of India Timeframe: Daily LIC seems to be forming a complex diagonal in Wave V which could end at a minimum level of 1270+ (>30% from current price of 970) as seen in the chart. It could even go higher to around 1400 levels which will be confirmed only as the trend develops. It seems to have completed Wave B on 4th Oct or may form another lower low to complete it and then move higher in Wave C of V. This is not a trade recommendation. Please do your own analysis. And I have the right to be wrong. Aida lagata hai ki LIC Wave V mein ek jatil vikarn bana raha hai jo minimum 1270+ ke star (970 kee maujooda keemat se>30%) par samaapt ho sakta hai, jaisa ki chart mein dekh sakte hain. Yeh lagabhag 1400 ke star tak bhee ja sakta hai jiski pushti trend vikasit hone par hi hogi. Aisa lagata hai ki 4 Oct ko Wave B poora ho gaya hai ya ise poora karane ke lie ek aur nichala nimn bana sakata hai aur phir V ke Wave C mein oopar ja sakata hai. Yeh koi trade karne ki salah nahin hai. Kripya apna vishleshan khud karein. Aur mujhe galat hone ka adhikaar hai.
NSE:LICILong
by DhandhaPaani
SBILIFE Rally, Breakout. With Full details. Previous Long term resistance of 1380 has now become the support level for SBI LIFE. When a resistance turns into a support it adds more confidence to the upcoming trend. Currently we can see a breakout from a descending triangle pattern in the daily Time Frame. Currently a good HH and HL is observed in Daily Candles there fore we can expect further movement towards the higher side unless observed otherwise. Happy Trading, Yamini Prabu NSE, NISM Certified TA, Indepedent Trader/Trainer
NSE:SBILIFELong
by Yamini_swingtrader
3
SBI LIFE Short time good Buy with still High PE.📆 Recommendation on NSE:SBILIFE for the week starting 4th September 2023 📊 Current Status: Closing Price: ₹1327.10 📈 52-Week High: ₹1374.00 🏔️ P/E Ratio: 70.36 📊 (High!) Sector: Financials - Life Insurance 💼 📈 Technical Analysis: 1️⃣ Parabolic SAR: Recent buy signal as of 1st Sep '23 👍 2️⃣ Fibonacci Levels: Currently at 0.382; eyeing 0.5 and above 🎯 3️⃣ MACD: Showing a positive crossover 📈 4️⃣ Stochastics & RSI: Indicating oversold position, poised for a rebound 📊 5️⃣ %R and Fisher: On the higher end of the spectrum 📈 🎯 Recommendations: Entry Point: 4th September 2023, if opening on a positive note 📅 For Speculators: Good for short-term percentage gains 📈 Target Price: Undefined yet, aimed for short-term gains 🎯 Stop Loss: Not specified (high-risk profile due to P/E) 🚫 🔎 Rationale: Despite higher P/E ratios and below-expectation earnings, the technical indicators suggest a favorable short-term trade opportunity. The financial sector is currently hot, making this a key pick. 📣 Disclosure & Disclaimer: This recommendation is for informational purposes only. Please consult a financial advisor before making investment decisions. 📱 Stay Updated: Hit subscribe for real-time financial insights and stock recommendations! 🛎️ #SBILifeInsurance #StockPick #InvestSmart #WeeklyRecommendation #Finance #Investing
NSE:SBILIFELong
by finogent
SBILIFE- False Breakout gives a SHORT!Attached: SBILIFE Daily Chart as of 21st April 2023 For the Levels, it is already marked in the Chart (SELF EXPLANATORY) Stop Loss > 1136 Downside Target 1= 1074 Downside Target 2= 1054 For the Thesis as to why it is a SHORT: - the 17th April Candle was a Breakout Candle that turned out to be a BULL TRAP Candle, so all the Bulls that entered got Liquidated as the Low of the Candle was taken out - with the 21st April Candle (latest candle) Bears entered the stock giving a Breakdown below POC of the Volume Profile - All Insurance Stocks saw Selling on Friday, even HDFCLIFE is similar and Bears have taken over in that Stock as well. So a Weak Sector too Note: Both SBILIFE and HDFCLIFE have Earnings on 26th April (the coming Wednesday)
NSE:SBILIFEShort
by T_Harth
SBILIFE Double top Breakdown ??!!!Chart pattern look interesting for a short trade Reasons 1. SBILIFE travelling in a Descending channel pattern ( hourly time frame) 2. Now, it has formed a DOUBLETOP pattern (with a perfect High & Lower High as the two tops ) 3. Lower low too formed on Friday, increasing our probability and thus Breakdown!!! 4. SL & Target levels mentioned @ chart as horizontal dashed lines(red & green) 5. 2 hr candle escaping out of the channel(yellow) can be less risky SL. 6. On 15th Feb(wed), Sbilife formed a Superb Bullish Engulfing day candle, but couldnot sustain. ... showing the BEARS STRENGTH!!!! 7. 1113(1st target) level small gap remains unfilled!!! Let's wait and watch how it moves!!!! NOTE- Just sharing my view......not a tip nor advice!!!!
NSE:SBILIFEShort
by mmjimm
2
HDFC Life Double Bottom RSI DivergencePrice has formed a double pattern on daily chart. while the RSI is making higher lows which is clear sign of RSI Bullish Divergence. We can take long trade. Entry We can go long on open of next candle. Target Target 1 will be the nearest resistance zone which will be also the neckline of W pattern as marked on chart. Target 2 will be next next resistance zone after the neckline of W pattern is broken as marked on chart. Stoploss We can keep stoploss below the double bottom support zone. Please like & Follow me.
NSE:HDFCLIFELong
by vt_trader
5