Sbin
SBIN - CMP: 383The stock has given a Rounding bottom breakout with a good delivery volume. All Oscillators are in positive bios. We can expect near-term price movement up to 415.
PSU BANKS: Invest in one of the most underperforming sectors !!!We are at the cusp of a fresh bull run in psu banks. My top picks are SBIN, PNB, CANARA BANK & BOB. Don't miss the golden opportunity. Chart is self-explanatory. Only for educational purposes.
SBIN | LOOKS GOOD FOR 14%Buy @363. Tgts : 415. SL: 333
Thank you.
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SBIN is definitely looking promising.First of all, SBIN has given constant but below average returns and it has been one of the favourites of the trader, however things are turning in favour of SBIN starting from the good quarter results, accumulating volume to a breakout after a long long wait, where a support of 20 day ema is appreciated. Hence it might prove as a good opportunity .
SBIN: Beat the street with India's largest lenderSBIN has given a rounding bottom breakout with decent volume. All the Oscillators are positive. We can expect near term price movement upto 425-450, medium term upto 500 and beyond. I'm very bullish on SBI, because of its robust operating performance, loan growth recovery, strong deposit growth, outstanding asset quality and controlled slippages. As the Indian economy starts reopening gradually after peaking out of the second Covid wave, analysts believe that large bank stocks should turn out to be one of the top beneficiaries. My target price is of Rs 500 on this stock. Chart is self explanatory.
SBIN touches the uptrend lineAccording to Day chart view the candle touches the Uptrend line again it come back to support line.
If the next candle closes above 403 then it will go up to 420 otherwise it come to support line.
RSI also showing that it is now just enter over bought zone.
sbi harmonic resistance became support?as we can see pattern completes at .886 level and last 4th bullish candle breached it upside and after that this .886 resistance has turned into huge support now.
346 is huge support now you can keep this stop for long term investment
SBI LONG FOR TARGET 400 WITH SL 375
SBI GO LONG FOR TARGET 400 WITH STRICT SL 375 in next two - three trading session.
SBIN looks Bullish !!!Invest in one of the most underperforming sectors, buy SBI at current market price for a target of 500.
Reasons:
1) Triangle pattern breakout with good volumes.
2) Made a "Golden cross" the golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average.. As long term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
3) MACD above signal and center.
I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trades i share here are provided for educational purposes only.
SBIN: BIG PROFIT IDEA FOR SHORT TERMTRADE OF THE YEAR. BUY SBIN AT CMP FOR A TARGET OF 650, HORIZON: 52 WEEKS.
(DON'T MISS THE OPPORTUNITY).. THANK ME LATER !!!
SBIN About to give a Breakout#SBIN If it crosses the resistance level that is above 372-377 zone... we can expect good upside movement in the stock... Looks good for 400, 415 & 423 as per my analysis. Keep it on your radar. #Nifty50 #BankNifty
SBINLooking Bullish
all the key levels are mentioned in chart with stoploss and targets
Disclaimer
I am not a sebi registered analyst
My studies are for educational purpose only
Please consult your financial advisor before trading or Investing
sbi harmonic analysisi have shown .618 level as shown in my previous idea stock is still not able to break it also in 1 hour candle we for now can see bearish divergence with rsi so if it falls fresh long on lower line and also maintain strict stop of 375 only
SBI levles for tomorrowNSE:SBIN
Sbi rallied and currently consolidating inside a triangle. Trend continuation may be witnessed if we get a 15min closing above the marked level
SBIN: EARN LARGE PROFITS IN A FRONTLINE SHARESymmetrical triangle breakout in SBIN. 🔥🔥🔥
REASONS TO BUY:
For Banking companies, The primary source of Income is interest earned on various loans given to individuals and corporates. SBI has earned Rs 2,57,323.5922 Cr. revenue in the latest financial year. It has posted decent revenue growth of 13.60 % in last 3 Years.
In terms of advances, the bank reported 6.38 % YOY, rise . If you see 3 years advance growth, it stands at 13.96 %.
Currently the company has a CASA ratio of 44.23 %. It’s overall cost of liability stands at 4.48 %. Also, the total deposits from these accounts stood at Rs 32,41,620.7343 Cr.
The Indian Banking sector is rising rapidly due to infrastructure spending, favorable government policy, rising disposable income and increasing consumerism and easier access to credit.
PE is less than 15
Lastly, The banking industry is in boom with growing demand across India, I'm very bullish on the banking sector and the most undervalued banks stocks are in PSU space. I think the credit cycle has turned and going ahead there will be huge demand for money.
SHORT TERM TARGET: 486 (12-16W)
LONG TERM TARGET: 650 (52W)
I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trades i share here are provided for educational purposes only..
state bank of india weekly bearish gartletyif weekly candle closes below the said line it may turn hugely bearish and fall till 304
ICICI BANK Slightly BullishICICI BANK has formed a higher high but the RSI was same as the previous High.
According to me, it should mean that the same amount of buying was able to push the prices higher. It means the stock has lost some of its bears.
I am not 100% sure about it but let me know what you think about it.
LONG SBIBUY SBI FOR SHORT-TERM PROFIT.
QUARTER RESULTS ARE GOOD.
DIVIDENT DECLARED BY SBI.
INDIA'S FINEST BANK.
FUNDAMENTALLY STRONG.
