Hello Traders , Am small Magical boy has the Power to move further with the trend continuation. Last week update we have Recognise a patter forming thats rising wedge pattern & SBIN able to recover it close above trendline. Candlestick indicates THE BULLISH HARAMI , a strong trend further is Evolving in mothers womb. RSI indicates super bullish bias as it...
SBIN holding the trend line from Last Few Months. The Panic breakout is of trendline has been Recovered & It looks good Above 850 Levels. Having a Bullish bias right now Because all higher Timeframe indicates Bullishness. Wait for the Move Confirmation. HAPPY TRADING
It is a risky bet since it made a huge doji on Weekly TF and the selling volume is huge on that candle though the prices are sitting at a good level, one can plan a LONG position with 10-15% MAX SL. However, the RRR doesn't look good to me honestly... Trade details: Entry - CMP 840 SL - 799 TP - 850,900 - Stay tuned for further insights, updates and trade...
Topic - SBIN Neutral Levels and Zone Tomorrow's movement Prediction of State Bank Of India SBIN appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 823.97 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of State Bank Of India...
Bank Nifty faced resistance at 50250 level which coincided with 78.6% restrace level The Index started the week on a Sideways to volatile note The imp upside hurdle is placed around 50800 zone whereas downside support is around 49000 zone However in case of Bearish Pattern at higher levels, the index can come back to prev week range Keep Tracking Charts...
SBIN is Crrently not good at Levels to plan Entries. A Rising wedge pattern is Recognised on WEEKLY TIMEFRAME. More dips to come soon. As it did not break above The 3rd june Pqnic High. A regular Bearish divergence on RSI to be found with the pattern. MONTHLY RSI > 60 WEEKLY RSI > 60. DAILY RSI < 60. Will sit back & regognise the pattern formations....
Indian benchmark witnessed Range bound session after prev day recovery, Bank Nifty remained in opening range after small positive opening The imp upside hurdle is placed around 50k zone whereas downside support is around 48000 zone Track for price to form Price Action Patterns at Imp Levels, However market may show volatility in 1st half due to RBI Policy...
Topic - SBILIFE Long Levels and Zone As on 06 Thu Jun 2024 Current price of Sbi Life Insurance Co Ltd SBILIFE is 1442.85 and trend of stock is towards downside and stock can be sold for price targets of 1442.71, 1419.49, 1410.81, 1409.5, 1268.55, 1298.57 Sbi Life Insurance Co Ltd SBILIFE Opened at 1390.10 & Closed at 1442.85 and moved inside a range of...
Banknifty " Wedge pattern " Now, currently Trading inside sideways level. . . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency "💹 Refer our old ideas for accuracy rate🧑💻 Valuable comments are welcomed-✌️ . Refer old ideas attached below
Indian benchmark showed correction & lose more than 6% on Vote counting day. Bank Nifty broke down the trendline & showed sharp correction to slip easily below imp support levels A Big Long candle has formed on Daily TF, erased last few months gains The imp upside hurdle is placed around 48600/800 level whereas downside support is around 45950 zone Track for...
Fundamentally good stock, Good for 1-3 weeks holding. For short term investment in cash market'. Leave a " Like If you agree ". 👍 . . Entry: 72 (daily should close above) target: 75- 85- 96 sl: 66.5 major stoploss / support: 63.40 . Enter only after breaking & close above " Yellow box" mentioned. Or else wait for some time. ' ' Don't make complicated...
Add this to watchlist and wait for entry.👁️🗨️ 2024-2025 For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "340". Avoid Trade untill PROPER ENTRY level. . Entry: 340 target: 400- 420- 478 sl: 315 major stoploss/ support: 290 . . Enter only if market Retrace and Breaks "Yellow box" ...
The market witnessed the session of june 3 with Robust gains, following Exit polls results. After Big Gap up opening Bank Nifty remained in postivie momentum & closed near 51000 level A Big Bullish candle is formed on daily chart The imp upside hurdle is placed around 51200 level whereas downside support is around 50000 zone Track for price to form Price...
Bank NIfty also gave negative returns in last week but relatively outperfomed Bank Nifty witnessed correction in 1st half & some recovery in 2nd part of last week Upside hurdle is placed near 49200/400 level whereas imp downside support zone is around 48400 Market may show volatility during the Results of elections Keep Tracking Charts *For Educational...
Stocks to Keep in Radar for Next Week ⏩ SBIN ⏩ NMDC ⏩ BHEL ⏩ DLF SBIN is consolidating in narrow range from past many sessions If decisively sustains outside the Box range, directional movement could be possible However in case of Bearish pattern at upper end of range it may come back to prev week's range Important downside support is around 800 zone whereas...
Bank Nifty showed opposite direction movement as compared to NIfty index today The Index bounced sharply from 48300 level after market opening & remained in positive zone. A Positive candle is formed on daily chart The imp upside hurdle is placed around 49100 level whereas downside support is around 47300/200 zone Track for price to form Price Action...
Strong Stock from Strong sector (PSU Bank): IOB, UCO bank, PSB, Central bank of Ind, Maha Bank already showed momentum. -One simple horizontal line setup, took support from 21 ema. And now squeezed between 10 ema n resistance level.
SBI Bank about to break barrier. PSU Banks as a group showing bullish momentum.