Sbin Cmp 553 Selling Zone - 575-590 SL - 605 ( Weekly Closing Basis ) Target - 450/470
Triple bottom pattern is seen in SBI Life hourly chart. Also the price is making lower lows while the RSI is making higher lows which is clear sign of RSI Bullish divergence. Entry When a strong bullish candle is formed at support zone. Target The next résistance will the target as marked on chart. Stoploss Stoploss will be below the support zone. Please...
SBI can rebounce if market supports. Lets wait for a positive closing candle above the support line. Which will open targets for the resistance line. Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not be responsible for any of your profit/loss with this channel suggestions
It braks the trendline and turns structure bearish so that we have making short side trade
Banknifty is in uptrend, its Montly and weekly RSI is 64 and almost 60 respectively. Daily RSI taking support @ 40. Its a good buy for swing and positional view. Major support near 41800- 42000 and specific SL below 41635. Banknifty is trading in a long channel and is currently at lower end of the channel. Further for last 3 weeks its is within a range and is not...
The stock is trading within a bullish channel and currently trading in the middle of the channel. Within a channel there is a flag pattern. Wait for breakout either side to get further direction.
SBI is trading above all major SMA in daily time frame with a rising channel pattern. You can enter here with a very small SL from here.
The FASP for SBIN is listed for 11-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
This analysis is in Daily timeframe Tomorrow if you see a Bullish breakout you can activate the swing, then you can activate your swing, after that bring your stop-loss to cost and continue your trade...
This analysis is in 15 minutes timeframe, on Monday if you see any side breakout you can activate the swing, or try to take a " 1:2 " risk ratio at the start and then you can activate your swing after that bring your stop loss to cost and continue your trade...
#Watchlist #SBIN (30TF):-CMP 606 Looks Good ABOVE 611 for more upsides :) #Disclaimer:-View shared is for educational purposes only.
SBI is currently trading in Triangle Structure , We can find opportunity in Intraday after breaking triangle upside or downside
Momentum reversal observed. Rising volume indicates next breakout in SBIN Target 645 Buy for positional.
BSE:SBIN Breaking out in Cycle Degree wave 3 Long way to go higher.
SBIN is at a trendline in hourly chart. So both side movement is possible. Also the RSI is showing a +ve divergence. Trade: BUY above 620, SL: 615, T: 626/632 SELL below 612, SL: 617, T: 606/600
Price is at All Time High CMP: 625 Targets: 679 SL: 602 ( Very Short) Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.
NSE's PSUBANK index (ticker: CNXPSUBANK) was trading in a long head and shoulders consolidation for two years from mid 2019 to mid 2021. The breakout from inverted H&S happened in Oct'21 after which the index began to consolidate in a bull flag type of formation till Aug'22. The index broke out from this consolidation in Aug, gave a retracement back to the...
Upmove with overlaps and frugal volumes suggestive of a topping formation. Shooting star candle forming on daily Option chain confirms the bearish view, we could be in for a pullback