SBIN is about to break All time high (Previous) if it breaks 472 level with good volume, we can expect 500-520 level this month
NIFTY 50 EOD ANALYSIS -04-10-21 In this post, I talk about the analysis for the day and the trading range for the upcoming week. The video discusses with the help of the charts how the indices as well as leading stocks performed during the day and their likely play tomorrow. NIFTY O H L C C - PC H-L VIX FII DII Net Cum Likely...
SBIN can hit 480 We expecting on or before 12th Oct Buy 457-460 range
A comparative study of Nifty Bank along with its top 5 constituents revealing possible futuristic participation of all major participants, role change, weight change, possible growth scenarios and much more intriguing trend compositions Constituents included in the study 1. Nifty Bank 2. SBIN 3. ICICI BANK 4. AXIS BANK 5. HDFC BANK 6. KOTAK BANK EVERY CHART...
EXPLANATION : This is a 30 Min time frame chart of SBIN , It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If give a strong breakout and broke its supply zone with high volumes and retest the same , I am bullish on SBIN . If stock break the trend line we plan to short , downside levels marked in chart . If you like this...
475 above closed at D candle ...SBIN will fly Targets 550-600 ,bcz its travelling in clear trend line
range bound between 450 to 455 levels in 30 min chart. sustaining above 450 DCB expect 465,470 level.sustaining below 450 DCB we expect 440,435 level
SBIN Observations: - we see SBIN trading in a channel since 17 May - if the blue line is taken out SBIN may fall up to 419-406 zone - on the flip side, 467-472 has seen increase in supply in recent times - if this zone is taken out, there is a potential for a rise up to 512 odd levels - however it may encounter some resistance around channel top - channel...
SBI bank gives litle breakout from previous higher high with good volume and retest it at resistance level. So now, resistance may work as support level.
sell below head and shoulder breakdown....................................
SBIN seems good "buy on the dip" opportunity. It has been forming the ascending triangle pattern. @johntradingwick -NSE Certified Technical Analyst -NSE Certified Fundamental Analyst Disclaimer : This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
NSE:SBIN Stock is in an uptrend and from 2020 May RSI never came below 30 which shows stock strength. As per my analysis, If you wish to sell do it if the stock crosses the trend line, in the case of buying buy above supply zone. Do your own analysis before proceeding, It's for educational purposes only.
i am fairly new to assessing patterns so waned inputs if these seems like a good point to go long.
Sbin monthly time frame is broked its multi year resistance & keep sustaining in that level.. we has the potential of moving towards 550.
SBI looking good above 470. If it sustains 470 SBI can easily climb 530. Positional Trade setup
wait for channel breakout..............................................................
SBI formed Cup and handle it is going to boom ..........boom.......