SBI LIFE - Possible Path1550-1560 Area of support
1500-1510 Area of Strong Support
Stock may turn around from one of the above levels
below 1485 view can be negated
Waiting for at least 1 hourly candle indication to enter
Sbilifeinsurance
SBI Life cmp 1589.85 by Daily Chart views*SBI Life cmp 1589.85 by Daily Chart views*
- Support Zone 1566 to 1593 Price Band
- Stock Price testing retesting Support Zone since 28-October-2024
- Volumes stable since 28-October-2024 indicates probable accumulation
- Support at 1530 > 1470 > 1390 with the Resistance at 1645 > 1710 >1780
SBI Long setup*Swing Trade*
Buy SBI Life between 1495-1505
SL 1450
Target 1: 1570
Target 2: 1600
Duration 1-2 weeks
50Rs SL per quantity trade as per your risk rewards capacity.
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
SBI life insurance target 2100 OCT 2024Hi every one
SBI life insurance target 2100 Rs oct 2024
12 month
so you can invest
Note: this is not tips
Consult your financial adivsor
Sbi Life Triangle BreakoutBuy Sbi Life At Cmp - 1003.15
Strict SL - 949 (DCB)
Target - 1130/1300/1500
SBILife ATH breakout with IHNS patternSBILife has given ATH breakout with good volumes.
It is a Inverted head and shoulder pattern breakout.
Minimum target can be 1600. SL can be below 1225 DCB. Try to enter at retest in 1300-1325 zone.
Please note that swing trade of ATH breakouts in an FNO stock is always risky.
Idea shared for educational purposes only.
SBI LIFE INSURANCE LONGSBI Life is a long at current levels.
1. RSI>50
2. Trend Breakout
3. Retest
4.Good Volume
5.Weekly Crossover of MACD
SBI LIFE INSURANCE Wedge Pattern Could Lead Significant MoveHowdy Traders,
I feel that the market may give a little negative I because the doji candlestick pattern is seen at the higher highs followed immediately by a black candlestick, indicating that the market may provide a little negative move.
Note = If the market stays below the level of 1249 then Target- 1231.90
Short on sbi life insurance CMP 1130 , Target 1000 , Expected to touch 200 day ma . Weekly and monthly time frames are in downtrend .one can buy put options of 1100 or sell futures at CMP. Timeframe March 2023
SBI Life Double Bottom RSI Divergence SBI Life has formed double bottom pattern on daily chart. while the RSI is making higher lows which is sign of RSI Bullish Divergence.
Entry:
We can go long after close of strong bullish candle near support zone.
Stoploss:
We can keep stoploss below the support zone.
Target:
We can keep target near the next resistance zone which will be also the neckline of W pattern in future, as marked on chart.
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@SBILIFE #SBILIFE : Almost 40% downside MOvement expected.@SBILIFE #SBILIFE
SBILIFE : Almost 40% MOvement expected.
almost 40% Profit
Breakdown Happened on lower timeframe, so first target is 1072, if it crosses 1072 and acts as resistance, the we can expect a huge downward movement upto 750 i.e 40% profit.
NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Happy Trading
SBI Life Insurance_Inverted H&SSBI Life Insurance Company Limited looks like an Inverted head and shoulders. Awaiting breakout confirmation. If the price sustains above 1285, it will go higher.
SBI LIFE Analysis | Result day coming soonSBI LIFE Analysis | Result day coming soon
Downtrend continues....
Be a smart player to grab the opportunity......
SBI LIFE AnalysisThe 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.
SBI LIFE INSURANCE SHORT THIS STOCKIt 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.
SBILIFE - 1 HR CHARTkindly be cautious on this upswing as the stock is getting in resistance zone and sellers may be active very soon
SBI Life Chart Analysis !!📈 SBI Life 📉
My Findings :-
1. Breakout from resistance zone which was support also earlier.
2. Strong Candle at breakout.
3. Close Above March 2022 High.
Bias- Long
Target- 1205, 1234 and 1288
SL- 1099
RR- 1: 2
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
SBILIFE - short term pick#SBILIFE
Buy-Above 1120
Sl-1055
T- 1190 1260
Stock is a good short term pick.
SBI Life - Harmonic PatternSBI Life is a great stock in insurance sector. It has been beaten down due to the bearishness in global market. Whenever the global trend turns positive, we can expect SBI life to make significant up move, till then is can be bought in small quantities for long term.
