SBIN is near its support of 502 and is respecting it. On 4 hour time frame, the stock has give a doji and a hammer candle. Once an hourly candle closes above 505, it can go upto a level of 515-518. Wait for the levels to be sustain. 1-2% upside move will be there.
Despite a considerable gap down opening, the indices were able to recover well in the last half an hour. This was largely thanks to stocks like ICICI Bank, HDFC Bank, Reliance, etc. With Reliance earnings announcement scheduled for today, could the markets be ready for a 'dhamaka' on Monday?
SBIN closes above the rectangle box. Buy SBIN once it crosses 515.5 in 15 minute time frame. Target 530 Stop loss 508
Go long for sbi now or wait wait for proper retest for less stop loss
I am looking this pattern to unfold in SBI BANK - BHARAT KI BANK !! Target 1 - 677 Target 2 - 896 ( extended case) target 3 - 1115 ( extended case) Time Frame - by JUNE 2022 * FOR EDUCATIONAL PURPOSE ONLY, TRADE AT YOUR OWN RISK !!
NSE:SBIN #NSE:SBIN Trading above the resistance levels and all the possible levels marked on chart !!
Consolidation scares this stock's shareholders. But gave amazing returns for the patient share holders. now its at ATH there are higher chances of a pullback so, don't hurry and buy, just wait and add this to your radar
#SBIN unable to sustain above 500 & closed as a Bearish Hammer. What's next? 600 or 400 Long-only If close above 502 for target 600 otherwise wait for 460 or 400 for re-analysis.
State Bank Of India shows some power after correction SBI already gives breakout now it is a time to re-test, after re-test over entry price will be 460,470 and target will be 535,540 and stop loss is 438.
SBIN has given a good breakout & run on daily timeframe, I expect some more points. It has given an ascending triangle breakout on 15 min timeframe and also did the retest. Buy above - 493 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that...
Immediate Support at 506 Currently SBI has given a rally since its recent drop to 442 mark. If you bought at 450 levels can book profit today and enter short position for a garget of 470-464 with a stop loss of 506. Sell Today SL 506 TGT 470-464-458
Now these Banks will decide the journey of Bank nifty Note : i have not included Axis Bank here.
daily chart of sbin educational purpose only trendline is being respected CMP: 460.45 SL below 443.00
Here we can trace flag breakdown. We can choose intraday for short term of target @ 455
* For Learning Puropose Only | Trade On Your Own Risk , am not responsible for your profti or Loss * Today Got levels in SBIN , as MArket was Buliish from morning after gapdown
Took a strong support from the cover fall trend line from where it bounces multiple time, so this time also we are expecting some bounce that may lead to hit ATM again...
SBI Stong support tested, everything mentioned in chart
As we can see here SBI is consolidating in flag pattern. We can go for trade after flagbreakout..