3 reasons for a positive outlook. 1- NMDC is trying to bounce back from the Fibbo 50% level. 2- Price has given the breakout of the falling trend line and trading above the breakout level. 3- MACD has turned positive after positive diversion. It looks suitable short term trading with favorable RR ratio. Disclaimer - I am not a SEBI-registered technical analyst...
BN opened at 43804 and then had a flattish price move till 13.00 after which it propelled forward like a rocket. Interestingly Finnifty's chart (which we will discuss shortly) had more thrust compared to BN & N50. The 470 pts rally we had from 13.05 to close was nothing short of remarkable. Initially the momentum was slow, but as soon as the short covering...
SBI can move upside after 18th July 2023 as per time cycle. and than big move will come on after 26th Dec 2023 View: now on short time some correction may happening to 520-500 level
SBI Life is a long at current levels. 1. RSI>50 2. Trend Breakout 3. Retest 4.Good Volume 5.Weekly Crossover of MACD
Mankind Pharma is looking good to place buy orders with a favorable risk-reward ratio. in the last trading session, it has given the breakout of the listing day high. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
-1x 29JUN2023 600CE - ₹ 3.65 +1x 29JUN2023 620CE - ₹ 1.15 Prob. of Profit- 81.88% Max. Profit-₹ +3,750(7.34%) Required Margin -- ₹ +51,084 PCR-0.60 At the 600 strike level, 14,580,000 of OI which is the highest CALL selling There was a 2,499,000 OI change. 577 is a crucial level for SBIN, but as the candles are getting smaller in size 1Hr time...
Triangle pattern breakout once done price will move up or down side movement.... This is for educational purposes only...
SBIN Take Support in Trendline So Entry - 585-590 SL below trendline or 20EMA candle close - 575 TGT-600 & 615 EXIT 1ST TGT With SL 2ND TGT With Cost to Cost or Trail
SCRIP- SBIN all the information is on chart RSI - Bullish daily & weekly DYOR
Go Long or Buy SBIN shares for long time (as you wish) . wait for pullback and big green candle. Follow me for upcoming signals. 😊
Weekly Analysis In this expiry week, 12th to 18th May banknifty has moved up only 0.61% ~ 263pts. We have hit an important milestone this week though, 0.10 pts shy of all time high - 44151.7 on 15th. Banknifty is immensely bullish considering how Nifty50 is behaving. A trader on 15th or 16th would have normally expected BN to surpass the ATH to hit new records....
SBI hits over 3-month high ahead of Q4 results; stock gains 8% in one month SBI is a sector proxy that benefits from its strong liability franchise and continued favourable sector tailwinds Shares of State Bank of India (SBI) hit over three-month high of Rs 590.10, up 1.4 per cent on the BSE in Tuesday's intra-day trade, ahead of its January-March quarter...
These weekly levels are created using Dynamic Volatility calculation, and Polynomial regression methods to arrive at the proper range for the next week and associated targets. Buy Above 581.33 Buy Targets 586.64 591.92 596.19 600.46 606.54 610.23 622.83 636.65 Sell Below 574.87 Sell Targets 569.56 564.28 560.01 555.74 549.66 545.97 533.37 519.55
NSE:SBIN SBIN is showing bullish reversal sign and can achieve 560 level zone easily in coming weeks with buy on deeps strategy (only in new high new low formation) . current resistance for sbin is at 533/532 zone, above that 540 /538 is the next resistance zone, best entry will be when sbin hits 540/538 res zone and retests previous resitance of 433/532 and...
Is the psu banking stocks ready for a major rally in the coming days ? PSU INDEX has broken out of its long term bearish trend line and has also retested its trendline supports , showing there is a possible change in the trend , overall it is buy on every dip in this sector with stocks like SBIN < CANARA BANK < BANK OF BARODA and many others towards targets of all...
1. On Supply and Demand Zone, perfectly Bearish Engulfing Candlestick pattern formed. 2. Trendline is far away from the current price. 3. Take Profit and Stop Loss level clearly mentioned in the chart. 4. That's it. It's pure price action naked chart analysis.
SBIN spot cmp 572 120 mins time frame Harmonic Study. Bearish Gartely pattern formation. Reversal confirmation is pending, Bulls need to watch it carefully. Lets See how pattern pans out
#SBI : VCP Breakout Positional Call (1-3 months minimum) >> Entry at cmp or at retracement till safe entry levelz >> Good Volume Buildup >> Good strength in Stock >> Swing Traders can book profits at 5-10% or keep trailing Trgts : It will test the Previous Swing highs Keep Liking & sharing for more such Learning