NSE: SBIN Looking Bearish :- Go For Short-Selling
NSE: SBIN Lookign Bullish Go For Buy Trade
NSE: SBIN looking Bearish Go For Short-Selling
IT IS IN VERY IMPORTANT LEVEL NSE:SBIN AS TODAY CANDLE HAS TRIED TO CROSS THE DAILY TREND LINE IF TWO CANDEL ON DAILY TF CLOSES ABOVE TRENDLINE THEN WE WILL GO FOR BUY WITH A HUGE TARGET AND SMALL STOPLOSS.
Even after that 1800cr staff , NSE:SBIN still not opened with GAP down , up ahead a Supply zone at 267/- better plot sell limit for an effective intraday
Last Thursday it missed NSE:SBIN 261/- sell limit by inch , i hope today it may trigger this sell limit . there is two resistance up ahead Sell half 261/- and rest half 267/- if reached , split your usual orders in two parts
SBIN NEXT TARGET IN DAILY , IF ANY ONE NEED IDEAS IN ANY SCRIPTS LET ME KNOW IN COMMENT SECTION , I WILL PROVIDE NEXT MOVE AND TARGETS.
NSE:SBIN has been given BUY Rating from 6 various brokers in last 1 month. The RR ratio is greater than 4. The current price is greater than EMA20 and EMA50, indicating the bullish trend. After the breakout, the volume has been consistently high.
sbin long on 248 with sl 245 terget 256 or 269 1st terget hit
OBSERVATION :- TWICE RESISTANCE LEVEL 255 TOUCHED ***RSI*** ON ALL BIG TIME FRAMES ABOVE 65 - 70 MARK SAYS BULLISH TREND CAN STAY ON A DEFINITE BUY SEEMS ON CARDS OR HOLD LONG POSITIONS FOR SOME MORE TIME disclaimer - join your own study to enter trade PREVIOUS SBIN LONG VIEW ATTACHED BELOW
Immediate Target of 230
SBI is showing breakout (with Volume) + Re-test pattern. It followed same pattern previously. The target can be below previous support- ~241