SBI BULLISH, wedge broken might give a retest at zoneSBI might take support at the marked purple zone as it is 0.5 fib level of the last uptrend in 15 Mins.
Also a mejor downward falling is also broken, so it can be a retest to that
Sbin
SBI consolidating range broken with huge volume on monthly chartSBI consolidating in monthly timeframe broke the range with massive volumes and a move that looks like a retest might be going on if it sustains 350 on weekly basis we might see a huge rally.
STATE BANK OF INDIANSE:SBIN
⚪ Seems like Break out has happened.
⚪ Buy above 350.55, If price manage to close above 350.55.
⚪ Or buy at pull back of 342.70 level.
⚪ SL according to the risk.
🔴DISCLAIMER : This is just for educational purpose....
SBI BankSBI Bank - CMP 338
Looking good to go long at cmp with SL 300 on closing basis.
Possible initial targets - 375/425
Reason:
1. Hidden bullish divergence
2. Retraced more then 61.8% from the top and trading near strong support area.
State Bank of India from 30 April 2021The Stock is in downward channel --> with come pullback ..
using Middle point Channel technique as a trial ...
with downward target of 265
SBIN Long on daily time frameSBIN: Has given a breakout and confirmation candle has also come. The right time to enter as Bank Nifty outperforming Nifty. The risk-reward is very favorable. Buy every dip till 340. Stop loss and target mentioned in the graph.
sbin looking bullish for short term hourly chartine can enter in sbin now and rest quantity after retesting the same, the targets are given and stoploss in below the trend line and 200 ema also broken
SBIN -BREAKOUT-Simple analysis.Channel breakout with strong volumes. The next target can be 370 once it sustains above 355. 322-330 is a strong support region.
SBI BANK Long term viewClose below 296 will lead to 264 and 254. But strong support is at 317 to 300. Strong Resistance is at 400.
SBIN CHANNELsbin is is moving perfectely in a channel from long , so if this channel breaks out then i am expecting a good move
SBIN PreticitionSBIN Consolidation
Keep watch mentioned level if break Enter The Tardea
Happy Trading
SBI - Long - Target Rs.370Sbi has shown extreme weakness over the last few weeks, with recent gap downs on the daily chart. We can expect a rebound off of the current level which is its Feb 2020 High , (Double bottom on daily chart). It may drop further to the bottom upward trend line (Bold Blue) at ~315 before rebounding.
How to trade going forward:
One can buy in at the current level, with a stop loss at ~310. Book partial profits at the upper end of the channel, marked with a blue arrow, at ~340-45 levels. Hold until it breaks this channel with above average volumes and then retests this 345 level before buying more. Set trailing stop losses from there on.
Target:
#1 - 340
#2 - 370
SL: 310
SBIN Falling channel pattern (Good bullish sign)SBIN forming falling channel patter on higher time frame
possibility of a buy above 346
SHORT OPPORTUNITIES IN QUESS, LT, NH, REL, SBINThe key levels to watch out for trading next session are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.
