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Sbin

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
NSE:SBINLong
by ravibhadrappa_TCFMRA
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
NSE:SBILIFELong
by ravibhadrappa_TCFMRA
Sbin Short I hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
NSE:SBINShort
by EntryandExit