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SBILIFE

SBILIFE pre-market intraday analysis and analysis 🎇Hello Traders👋 Today i have made a post on SBILIFE 15m I hope you find this post helpful and informative👍 The targets and stoploss would be given in the charts or they would be according to pivot points Thank You —DISCLAIMER— I am not a SEBI registered financial advisor Please consider your consultant's advise a must , all the setups posted here will be considered as informative and educational post I shall not be responsible for your profits and losses
NSE:SBILIFE
by profitpujari
Simple Trade Setup | SBILIFE | 27-08-2021NSE:SBILIFE Trade Setup for Date 27-08-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level tomorrow. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion.
NSE:SBILIFE
by Trading_hawk
9
What A Tug of War - 15500 Vs 15700NIFTY 50 EOD ANALYSIS -28-07-21 IN SUMMARY Open / High / Low / Close 15761.55 / 15767.5 / 15513.45 / 15709.4 Trading Range Low to High: 180 points Likely Max Realistic Opportunity @ 50%: 90 points India VIX: 13.69 / +3.48% FII DII activities: -1353 Crores CHART BASED CONCLUSIONS A mild gap-up opening was expectedly sold in to as Nifty fell more than 80 points in the opening 5 minutes. And then fell like a peck of cards to retest the 15500 crucial support line after 21-6-21. The index made a sustained and a smart recovery with the usual sell off in the last 90 minutes but it still managed to bounce back and close just above 15700. This close is around the lows of 27-7 which is now also a resistance. On the daily charts, Nifty has made a strong bounce back from its 50 DMA with a hammer like candle indicating that the recovery was strong. This may have also been on account of short covering ahead of tomorrow’s monthly expiry. TOP 3 LOSERS KOTAK BANK - It fell sharply on the third day after the results were announced. It has tested the area of 1639-50 which is the 50% retracement from its ATH. This move hopefully would have shredded all the negativity that it has been having science the last several weeks. CIPLA - After having broken its 50 DMA with force, it fell further and is now back in the support zone, but it may get tempted to visit the 50 DMA around 650. TATA MOTORS - This is what happens when the performance improves but it is a loss and the market sentiment is bearish. The scrip has fallen now in to its support zone of 275-285. Wait and watch for now. TOP 3 GAINERS BHARTI AIRTEL - A scrip that was languishing for almost a quarter woke up out of the slumber and became the leader, however, it has straight away walked in to the resistance zone so a follow-up move on the expiry day is essential for it to move ahead. TATA STEEL - A retest of the low of 27-7 and then the scrip made a new ATH and it has closed also around the ATH. RSI on daily charts indicates that there is some more bullish strength present. SBI LIFE - And yet another ATH and yet another near ATH close for the scrip on a day when there was mayhem in the market. This is a good sign, however, the scrip may witness profit booking given that the RSI is bit over extended. POSITIVES Nifty made an excellent recovery of almost 200 points from the low for the day so the bulls fought back in style for the session. ICICI BANK led from the front and helped Nifty close above 15700. Though it is still a few points away from its ATH, the move was good ahead of the expiry. HUL, TCS, ITC and INFY supported the market well when recovery was in process and their combined efforts helped Nifty come out of the bear zone. NEGATIVES The very fact that Nifty fell 400+ points from its ATH is a scary thing. The corporate results generally help the market move up, but this quarter, things have changed and one after the other scrip except ICICI BANK has lost heavily soon after the results were announced. HDFC twins, RELIANCE, KOTAKBANK, and SBIN dragged the market down. When HDFC twins are moving in a different direction, there is little that the other scrips can do except getting influenced by them. The road ahead is full of hurdles and resistances at every rise so unless the heavyweights perform well, the ride up is going to be hard and tiresome. TRADING RANGE FOR 29-07-21 Since tomorrow is the monthly expiry, it is hard to give a range especially when the indices could have broken key levels in a tough fight. Nifty support at 15500 and above and Bank Nifty support at 34000 and above. Resistances are several so will wait for the expiry to play out and then look at the levels for the Aug series. INSIGHT / OBSERVATIONS I prefer to wait for a day to write about this as the expiry moves may make a mockery of whatever I may end up writing here. Let us see where the indices end tomorrow and we will take it from there. Thank you, and Happy Money Making! Umesh 28-07-2021. P.S. If you choose to comment on the above, please do so with your analytical view rather than merely passing a comment. Your presentation of the view held by you would help other readers as well. NOTE -- This write-up is not a prediction mechanism for the movement of Indices in the Indian markets as the markets are unpredictable in nature. I may refer to many data points in the article but I do not base my view on any of these standalone. In fact, I prefer to react to the price moves than predict the price moves. I also do not review Open Interest. Whatever data points I am using, are all stated in the article. The article title as well as its contents can at best be stated as --- This Is How I Read Nifty. I hope I have been able to set the expectations right.
NSE:NIFTY
by AVENUESOFINVESTMENT
SBILIFE: A Bullish Trend" TECHNICAL ANALYSIS OF NSE:SBILIFE The LAST CLOSE PRICE of NSE:SBILIFE is 1007.15 . The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.5 at the FIBONACCI STOCK PRICE LEVEL of 1007.15. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 977.51 with RESISTANCE 1 and RESISTANCE 2 at 1011.1 and 1026.6 respectively. The Key 50% FIBONACCI LEVEL stands at 1000.73 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not. The STOC RSI has the values K and D as 76.5 and 70.55 respectively. At this level it the status is WITHIN OVER BOUGHT AND OVER SOLD RANGE. When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 9.14 and 2.94 at 8.82 along with HISTOGRAM showing values of 0.32, the STATUS is clearly BUYING CROSSOVER. The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at 0.88 and 0.56 with UPTREND as UPTREND. A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.1711 the STATUS is OVER BOUGHT. No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. Same applies to Stocks, however the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 69.2 which signifies its Price Level to be TOO EXPENSIVE. >>> RECOMMENDATION is : BUY . Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
NSE:SBILIFEShort
by finogent
1