In consolidation for some times, can go up now.
The stock is trading in a range from the last few sessions, 400-385, and breaking this range on any side would give a good trade opportunity. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Price may move towards filling the gap. Wait for the price to sustain above the trendline and marked zone. Go Short if the price gets rejected from the Grey zone. Price may also retest the support once more time before moving up. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice. This chart is meant for...
If markets open and try to take support then we can see an up move. Targets, Retest entry and Stoploss are mentioned in the chart.
SBI Looks weak below 385 and can go down till 360 to fill the gap.
For all the basic stuff that I am using in this post, you will have to visit the following idea. This post is in continuation of SBI weekly divergence study.. Abbv. used: Overbought -- OB Oversold -- OS Divergence -- Div A-- OB B-- Div after OB at A C-- Double top and Div Multi week correction back to support D-- OS at support and very sharp rally due to...
SBIBANK consolidated between 390-400 before breaking out and reaching 52 week high of 427.7. 390 is a major support zone followed by 400 being a support and short-term resistance zone and after breaking 400, 405 serves as a resistance zone. PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen...
SBI is again attempting to take support at the Demand zone. Can bounce back from this zone however buying not safe looking at market trend (use small quantity if buying) Looks very good to sell below 384 for a target of 370, 360 in 1-2 days. P.S. Selling will be very sharp
SBIN currently at strong support 396-397, can bounce towards 411-414
Hi , thanks for stopping by at the analysis. We started off with the Weekly time frame where we marked the important key support and resistance levels, as we all know that SBI has broken its all-time high recently. But there's a pattern which we can see previously as well after drawing the counter trendlines. Also on RSI the mark is above 80 now which means...
SBI EQUITY levels...22/02/2021 (1hr Candle)
Long term trend line breakout, now till it holds the level it will remain in an uptrend Only for learning #dailynifty
this is just for an educational purpose... keep on an eye and observe the trend
SBIN has been consolidating for quite some time. If it gives a break up from the resistance, one can take long positions on SBIN
SBIN breking multi year high levels i think stock is ready for next upmove to 700 levels