Triple bottom pattern is seen in SBI Life hourly chart. Also the price is making lower lows while the RSI is making higher lows which is clear sign of RSI Bullish divergence. Entry When a strong bullish candle is formed at support zone. Target The next résistance will the target as marked on chart. Stoploss Stoploss will be below the support zone. Please...
Looking at the chart -- once SBILIFE crosses the Previous month's HIgh - should trigger further upside movement. Possible Breakout of channel pattern upside should support the same. Also trading above all the indicators, Volumes are also above average from past 2-4 weeks. Add to watch list -- may take you to station 1500 very soon NSE:SBILIFE .
sbilife breaking resistance trading above 20 ema ST target can be1340 educational idea only
As per Harmonic PRZ pattern, SBI Life may go up till 1286 SL 1255
SBILIFE gave good breakout of inverted head and shoulder pattern and retested the neckline also, its a breakout of diagonal resistance trend line with good volume. trade as per price action.
NSE:SBILIFE Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. 2. Close, should be good and Clean. 3. R:R ratio should be 1 :2 minimum 4. Plan as per your RISK appetite Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
SBI LIFE Analysis | Result day coming soon Downtrend continues.... Be a smart player to grab the opportunity......
The 52-week high is 1340.35. Right now it's in the consolidation period. Down we can see a GAP @1197. If 1256 is taken away then it can go further down. Interesting to watch-out.
closing basis BO will be coming today. in next few week bull may pass time here
SBI Life at a support level, you can go short once it breaks the support level. ⚠️ Enter after the close-in of 15min candle. The volume of the breakout/breakdown candle should be good enough.(/or the breakout candle should be strong). Target1 : 1230Rs/ 1% of the Stock Target2 : 1200Rs . Place Stop-loss logically // Ignore if the stock opens gap-up or gap-down....
#Watchlist #SBILIFE (W):- CMP 1294 Looks Good above 1300 For More Upsides :) Trading volume tends to drop off the longer congestion lasts. This is not always the case but is the general tendency. Volume tends to pick up when the congestion ends. The congestion is over when there is a breakout, typically on larger-than-recent volume, and the price moves outside...
Breakout in SBI Life Insurance Company Ltd with very high volume ...
NSE:SBILIFE #NSE:SBILIFE formed beautiful cupandhandle pattern. Chances for a small pull back and bounce or gapup as the BO retest done with high volume. Safe players can wait for the 1200 level and risky may check today support levels.
It might drag a little more to the upside but you should look to short this stock because this whole move is corrective wave wrt to previous move. look for candle close on 4h or Daily to short.
NSE:SBILIFE One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle. Close should be good, and Clean. R:R ratio should be 1 :2 . Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Stock approaching resistance zone 200 - 192. Bears will try to push prices lower from here. Bulls may attempt at profit booking
sbi life insurance 15 min chart from swing analysis on resistance zones
kindly be cautious on this upswing as the stock is getting in resistance zone and sellers may be active very soon