Forming a bearish triangle pattern on 15mins chart. Keep on watchlist for next day. Disclaimer: This is my own analysis and not a recommendation. Plz do your own analysis before trading.
SBIN has been consolidating for past two months, and has formed a Cup and Handle pattern (take a look at the chart). Also it has been following a trendline, shown in the chart, currently trading near this trendline. Testing Fib level 1.618 of two distinct trends of past. Interestingly, the height of cup & handle pattern coincides with one of the Fib level (shown...
SBIN IN GOOD SUPPORT LEVEL- Will get a long opportunity if it reversal, breakdown target also mentioned in chart.
Buy SBIN, refer chart for target and SL. Like and follow for the motivation to get more such trades.
Hello Traders, This is Muthu Following are my analysis: SBIN 1. cup and handle pattern and inside flug pattern formed price movemetum 2 that is break out and healthy retracemmt done , 3. right good entry u can expert target zone .
On the daily charts of SBIN, it can be seen that it is taking support of its recent trendline (yellow one) and there is a year old resistance too (green one). (OPEN CHART ABOVE) Also, on the weekly charts, a breakout then a retracement kind of action is seen. Also there is a good buying pressure at the day end today. This shows that soon a breakout is expected...
Clear breakout in SBIN. Cup & handle pattern breakout usually provides good risk to reward
SBIN forming Cup and handle bullish pattern. Entry on DCB above 455 level for confirmation.
today sbi result, with head and shoulder. in previous quater i can see head and shoulder breakout with result
SBIN coming out of range. Analysis mentioned over chart.
Important Nifty levels and Banknifty levels for tomorrow: Levels for Nifty: 15,596, 15,660,15,733, 15,750, 15,835 15,986 (don't want to pick tops) Levels for Banknifty: 34,130, 34,420, 34,640, 34,800, 35,011, 35,250, 35,340, 35,400, 35,529,
Buy @449, SL-445, TGT-455 Sell only below 441, SL-445, TGT-436/433
After Taking recent high it can move upside sharply as on charts in any time frame it looks very bullish
Please find the previous link which is perfect in every way. long in SBI education purpose only no call is given.
SBI is breaking out after forming base. Daily close above pivot levels of 442 on with volumes will indicate fresh positional buy. Buy SBI on close above 442 for a target of 543 & SL below 414 levesl.
Breakout happened with good volumes Looks like heading higher
SBIN giving symmetrical triangle breakout with good volume.It should hit 450-460++ in a very short term.We will add more on dip near 430-435 range.