SBIN - Parallel channel resistance breakout at monthly chart
NSE:SBIN short only on reversal with strict stop-loss, that red dash line is PRZ. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Daily Time Frame November to Feb (Ascending Wedge Pattern) High volume at the time of breakout Moved over 3 Key Price levels Look at chart for more details
sbi if close this month above 380 with now atleast 6x volume from now, it can fire to 515 on fibbonacci extension also this is monthly chart so the target would be of approximate for nearly 1y to 3y and stoploss can hit easily but this year psu divestment can give boost to it. for educational purpose only.
272-273 seems to be a strong support level
Watch SBIN on a daily and weekly chart. It is testing the descending trend line. Depending on the overall market sentiments, it can breakout or come down in the coming days
NSE:SBIN Short only if find reversal. 343 to 373 Reversal Zone. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Buy if sustains above 283.5 for the targets of 287 and 289 until 279.5 is intact on the downside. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
The bullish engulfing pattern has been spotted at important levels. If the stock sustains above the levels then it can be a good swing trade. Target - Upper trendline. Stoploss - lowest low of the pattern.
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...
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......
if nifty goes in negative side and sbin break the support level can take a short
SBI chart analysis for intraday and swing trading
Long SBIN: A declining trend line is broken by SBIN on the weekly time frame and if you are an aggressive trader, then you can enter here, else wait for weekly closing above 282. Looks like the 3rd wave of Elliot wave pattern.