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.
Hi,
SBI Life is trading in a Upward channel and above todays high it can go upto recent highs around 1280 in coming days.
As of now its a good buy above todays high of 1149 with a SL of 1117 and target of around 1270 - 1290 is a strong resistance.
Daily Macd is again giving a buy and Weekly Macd is also giving a buy.
RSI is nicely placed above 50 and is showing...
📈 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...
#WEDNESDAY#
NSE:SBILIFE
Follow @VK2413
BUY :- SBILIFE!!!
{
TRIGGER:-1070
TARGET:-1111-1200 even more....!
SL:-1021
};
WHY TO BUY ??
{
after a HUGE CORRECTION from past a month(AROUND 20% from its high) ,it's forming a HAMMER CANDLE (on WEEKLY CHART).
wait for this week ,let candle to form completely.
if it forms support ,we can see huge POTENTIAL in its...
SBI Life Insurance is a joint venture between State Bank of India and BNP Paribas Cardif. SBI Life extensively leverages the State Bank Group relationship as a platform for cross-selling insurance products along with its numerous banking product packages such as housing loans and personal loans
CMP: 1263.60
Target: 1300 and 1300+
Simply Inverted head and...
Hello traders,
SBILIFE has given a flag and pole breakout, it is better for cash segment but can also be traded in derivatives with a strict sl.
It seems in a good run so we have our targets marked but it is an uncharted territory.
Buy above - 1260
Targets mentioned in the chart above.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on...
I hope you can now see how Sbilife represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
Stock is correcting in a three waves pattern ABC in which wave B has unfolded as a triangle. One should go short on current levels near 1160 , keepin SL of 1205 look for the target of 1100/1080-60
Just wait for breakdown and then you can easily take. Minimum 80-100 points trade and targer can be achieved within 10 days .
And marked it for long as there is no wait for breakout option, sad .
This is purely for educational purpose.
NSE: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.
...
