Sbin
SBI LIFE RETESTING SUPPORT Hello, Fellow traders i hope all of you are doing well. Here's the chart of SBILIFE Retesting multiple supports at same time it can be a good buy opportunity from here.
let me know your views on my analysis
Triangle pattern in SBINSBIN is following a triangle pattern, please watch the coming day's move for any breakout opportunities.
HDFC Bank breakout done and dustedHdfc Bank has broken a range and is now coming back for a retest.
* For Educational Purpose Only *
SBIN support and resistance on 07/02/2021SBIN support and resistance on 07/02/2021
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
[3-6 Months]Parallel Channel Breakout in SBIN For 545+ TargetSBIN looking good for investment purpose after the breakout of its parallel channel resistance. Expected this bullish rally in SBIN towards the 545+ target in the short term of the period(3-6 months).
If anyone followed the previous view on this stock and enter between @275-300 level then can hold for a further rally by trailing stop loss according to this view for almost 100% return on the upcoming trading session.
State Bank Of India - SBINNo doubt its a result day so anything could happen, but early signs are bearish. I will wish it to give a closing above 340 level for further momentum. If results are not celebrated by markets then the history consequences is already plotted.
Chart By- ADARSH DEY
SBIN - Parallel channel resistance breakout at monthly chartSBIN - Parallel channel resistance breakout at monthly chart
📊 Sbin 🎯NSE:SBIN
short only on reversal with strict stop-loss, that red dash line is PRZ.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
SBI Broke Ascending Wedge Pattern - BULLISH MOVEMENT EXPECTEDDaily Time Frame
November to Feb (Ascending Wedge Pattern)
High volume at the time of breakout
Moved over 3 Key Price levels
Look at chart for more details
psu on firesbi if close this month above 380 with now atleast 6x volume from now, it can fire to 515 on fibbonacci extension also this is monthly chart so the target would be of approximate for nearly 1y to 3y and stoploss can hit easily but this year psu divestment can give boost to it. for educational purpose only.
Watch SBINWatch SBIN on a daily and weekly chart. It is testing the descending trend line. Depending on the overall market sentiments, it can breakout or come down in the coming days
📊 Sbin 🎯NSE:SBIN
Short only if find reversal. 343 to 373 Reversal Zone.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
SBIN looking StrongBuy if sustains above 283.5 for the targets of 287 and 289 until 279.5 is intact on the downside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
SBI LongThe bullish engulfing pattern has been spotted at important levels. If the stock sustains above the levels then it can be a good swing trade.
Target - Upper trendline.
Stoploss - lowest low of the pattern.
State Bank of India forming bullish Engulfing on daily chart!SBI has formed bullish engulfing candle on bottom of Bollinger Bands, in daily time frame
On 1 Hour TF; it has has closed above median line of Bollinger Band and formed bullish candle; with MACD crossing from below line and health RSI
Can go long in Intraday / Swing trading.
For Intraday, I am buying with SL-M of 285, with SL 1 ATR (Rs.10); trail SL to cost on jump of 1% and keep trailing for every 1% move.
Appreciate your comments with feedback, to improvise my analysis.
Regards,
Ravi B
SBI Life forming Bullish reversal Elliot wave pattern! SBI Life is forming Bullish Reversal Elliot wave pattern on 1 Hour Time Frame.
Waves are not matching exact specifics of Elliot wave theory, but chart is showing strength to surge ahead.
With Positive Quarterly results in back and optimism of upcoming union budgets, I believe SBI Life will be good pick for swing trade.
SL & Targets are mentioned on the chart... Look forward for feedback to correct my charting / analyzing skills.
Regards,
Ravi B
sbin short for intraday 27.1.2021if nifty goes in negative side and sbin break the support level can take a short
