Stock has given a failure breakout of H&S pattern. This suggests that stock is likely to move higher towards 675 in the coming days. Buy on CMP, add on dips , keeping SL of 575, look for the tgt of 645/675
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...
When it comes to SBIN, the stock is still in good uptrend. Last day market closed near 460 & likely to reach 464 soon. Though it is not a good idea to take the position right now since price is too far from previous support area and it is also expensive now. I think you might get a good pull back to get in. You could use the support area to get in when price...
Hi take a look its a good pattern with the "double top pattern" ," support and resistance " : And you can see CUP WITH HANDLE : have a great trade .
SBIN long entry above 620 target 1: 428 target 2: 432 sl: 416 Sbin is on channel line support, we expect this to hold, as we have seen pin bar at our support. We can take entry now at 623, or wait for a small pullback till 620. Maintain strict sl, any break of this channel line will be a sharp fall in sbin.
BUY SBI 352.5 TARGET 360-365 SL 347.8 Its taking a good support at this price and should take a good momentum here on.
SBI is showing a retracement from the marked up level of Fibonacci retracement 62% (5/8). You can make a target till 38% retracement 367 with 322 SL. The stock will be positive if corona will not impact the market fear. Gann numbers help to provide the Fibonacci chart (1,3,5,8,13,21....). Ratio of these number to each other forms 3/8 (37.5%), 4/8 (50%), 5/8...
Based monthly chart SBIN following trendline. When price reaches to the trendline It bounce back extremely well. See the Full Graph. Based on averaging, In 365 days - Return will be 139 % and for 100 % return you need to wait for 216 days!! Just My view based on the trendline analysis and previous data. Its good time to buy.... FOR LONG TERM...... atleast 1...
Stock currently in upward trend and may break upside. Wave 4 has formed skewed triangle and about complete final Internal Wave E. Long in the zones of 199-195 Stop loss 179 ( if hits loss will be ~10% of entry price) breaking 185 will be tough. Targets for Wave 5 235(as per fib extension drawn between wave 2-3-4),245-250(aggressive) Notable resistance 212 non...
STATE BANK OF INDIA (SBIN) has breakout of range consolidation, Stock today on August 2020 breakout of Rising Wedge patter as marked on the chart. We can see levels upto 248- 250 in the next 2-4 months. One can Go long with the stoploss below 188 on Weekly closing basis.
SBI Bank double bottom formed , chances are high to see upside movements in comings day.
Fundamental View After announcing Q4 result SBI jumps up to 5% and 8% with in a day. Net profit jumps to Rs 3,580.8 crore in the January-March quarter compared to Rs 838.4 crore. (Net profit includes a one-time benefit of Rs 2,731 crore from sale of stake in SBI Cards & Payment Systems.) SBI’s asset quality improved over this quarter(Q4). Technical View...
Recent bullishness and last week close above 350 levels in SBIN warrants more attention. 325 to 350 region has been a zone of uncertainty with many failed breakouts. It should be noted that ATR during last week was around 18. The stock moved into a historical supply zone with 2ATR move of 35 pts. This calls for caution. The current sharp move upwards was...
SBIN break the previous trend and tested Fibonacci Support area keep watch Don't enter the support zone
Guys SBIN Test Supply Zone keep watch and take profit... Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable...