Sbi is also looking bullish again so those who missed out the chance can buy now....buy only after your financial consult
SBIN is piercing through the 50DMA on daily chart with above average volumes. If it opens higher and continues to move above the 200 levels which has proved to be a resistance before, on intraday, long positions can be made with a target of 205. SL at 195.
Seems to be bullish above 195... Buy SBIN above Rs.195 for the Targets of Rs.203 and Rs.222... Stoploss Rs.181... Comment your views.. Thank you, Vishwajeet Sharma
I hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be assumed...
This trade is derived as per Probability and is an Intraday Trade Do not risk more than #% of your Principal;
We are looking at the Monthly chart here; we clearly see Wave 1, 2, 3, 4 complete and now Wave 5 is forming; Wave 1 and 5 are almost similar waves in terms of both magnitude and direction also Wave 5 each and every time definitely breaks the low made by the end of Wave 3 therefore we are super sure that it will cross the previous low of Rs. 149.45. Let's...
SBI shows breakout and retrace of an inverse head and shoulder pattern. Go long if seen reversal from the support trend line. Trade: Buy SBI @189-190 SL 185 Target 193 197 202+
Strategy based on ichimoku clouds and pivot points.
BANKNIFTY UPCOMING SCENARIO EXPLAINED SCENARIO 1- FOR UPPER RESISTANCE BREAKOUT ****************** SCENARIO 2- TESTING UPPER RESISTANCE AND THEN BACK TO DOWNTREND
Head and Shoulders Confirmation Entry - 188.45 above candle close Targets - 193 , 200
This is a simple trend analysis showing strong support and resistance levels on a Weekly chart of SBI. The green rectangle shows a strong support region tested for over 10 years. The price has entered the green region along with an oversold RSI, which indicates that one should start buying at this level. It would be better to start making positions as the price...
State Bank of India : Financial Services Company ( NSE:SBIN ) is Making Ascending Triangle Pattern (PATTERN BREAKOUT TRADE). This can become a very good trade for iNTRADAY Traders. Target + StopLoss: There is no target here. You keep the first target as much as the StopLoss you put. And the StopLoss will be the Low/High of the candle that BROKE this...
Wait for rejection and if there will any get into a short position...
Note: This is for educational purpose only. There seems to be a hammer candlestick pattern formation which is formed at the previous support levels. This hammer is apparently seen to be forming at the lower band of Bollinger band as well. RSI has bounced from oversold zone. Entry Price: ₹183 SL Price: ₹171 Target: ₹195 - ₹210
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! The most important point is if price wants to go up then it must have to take out the yellow trendline in 4hr & daily time frame....