SBI EQUITY levels ...02/06/2021 (D candle)
On trendline breakout, go long Good Support at levels of 419 20 ema support also taken Target 1 - 437
🔰 MY thought process : ⭐After a good breakout and reversal on the D chart now this beauty is on ATMs ⭐I see good Trendline support on 30mins and a possible good setup on 15mins :) ⭐A very decent trading setup would be activated when it breaks this small trendline on 15 min TF :) ⭐Trade type: swing ⭐Pattern: Ascending triangle on small TF with a bullish structure...
Trend is our friend. Until it Bend in the end. 😂 My favorite picks are SBIN, Canara Bank, PNB and federal bank. Ride the trend.
The index is forming an Inverted Head and Shoulder Pattern. Just broke out of the Downward Channel resistance this week. In about 2-3 years the index should reach its target of 4340 but before that happens its intermediate targets will be met. Between 2660 and 3360 there could be some consolidation going forward. Immediate short term - MACD crossover should...
SBI has broken a 10yr trendline resistance with significant volume, all oscillators are positive, looks good for 600+
SBI swing trade idea, my predictions are that it will make a new 52 weeks high but if you are a risk-averse trader exit on resistance ie target price mentioned in the chart, and if you are willing to take more risk wait for 200 days ema to cross above 50 days ema/50 days ema to close below 200 days Ema. I have shared this idea for learning purposes only take the...
This is my first Idea I am publishing. As shown in the chart before the breakout SBIN will trace back to Fibonacci value 0.382 and then breakout above the 425. RSI is also overbought so there is a chance of retracement and then boom. This analysis is for educational purposes only...!
Market is slowly recognizing the worth of psu banks, buy sbin at CMP, sl: 378, target: 500+, horizon: 10W. All oscillators are positive. Chart is self-explanatory.
The 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.
Hikal CMP 406 best deal to grab,Target Rs:2500
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.
According to chart of sbi my view is for long position with stoploss 360
Buy @363. Tgts : 415. SL: 333 Thank you. If you like this analysis, click below for my other charts