SBIN swing trade levels on 24-03-2021
HORIZONTAL LINES ARE DRAWN BOOK PROFIT AS YOU SEE THE LABLES, THEY MAY ACT AS S/R
buy if cross above 324 hurdle Area Expected target 328 -336 sl 321 if break both level next hurdle 350
Head and shoulders pattern. The neckline is broken. Going for a retest. Good opportunity to enter a trade. * Educational purpose only * NSE:SBIN
I have shared the idea to buy SBI Bank near 358 and it made the low of 357.25, we saw a great bounce and our TradePro subscribers booked great profit in this trade. Now if it sustains above Friday's high we may see 385 odd levels. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
*Stock has given a breakout after 10 years of long consolidation on weekly chart . *After breakout stock has pullback TO its support area and filled up the gap in daily chart which has created at the time of breakout . *Life time high breakout already happened. *If we look at the volume part, significant volume activity is witnessed at the time of breakout. *Price...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
KEY PIVOT @375.20 Take a decision based on the same. As the stock is on a downtrend, this pull-back will be an ideal shorting region if the trend continuation is present.
SBI downside breakout. Expected target mentioned.
The stock is falling since the last few trading sessions and going to fill the Gap soon, looks good to buy near 358 for a bounce. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Long if SBIN in Tomorrow Trading Session i.e 17.03.2021 Break the flag Pattern Only For Educational Purpose |
Date: 15 March 2021 SBIN is showing contraction in falling wedge pattern. Keep an eye on the stock. Target and SL is given in the Chart
Short SBI below 385 on closing basis only...Stoploss 405 Target Gap Area around 360
Despite the stock was having food momentum, buyer support and volume, I have been staying away from SBI since 30 points run away gap up was formed after the budget event. The huge run away gap up of 30 points to be filled soon. the demand zone for short and long term still remains at 320-350 range.
SBI SHORT- AS DOWNSIDE EXPECTED AND TARGET IS 360. CHART PATTER, VOLUME AS WELL AS RSI - signals further downside