STATE BANK OF INDIA posted 29.11.2022 Stock ABOVE 615 TARGET 620 and in few sessions TARGET will be HIT. Happy Profitable Trading to All....
SBI BANK has given a breakout of the 13-month-old Correction. RSI is above 65 , and the price trading above 200 EMA. At present, SBIN has accomplished the corrective wave (4) and started forming an impulsive wave (5). Price has already crossed the 1.00 Fibonacci extension of waves (1) through (3), so our next target should be Fibonacci's extension of ...
What's your Diwali picks ?🤔 comment down below. 1. TATAMOTORS C.M.P - 398.2 TARGET - 447 Potential Upside % +12.26 % 2. M_M C.M.P - 1257 TARGET - 1425 Potential Upside % +13.37 % 3. FEDERALBNK C.M.P - 132.85 TARGET - 150 Potential Upside % +12.91 % 4. SBIN C.M.P - 561.65 TARGET - 640 Potential Upside % ...
SBIN has been moving nicely between the channel, the upward target of the channel stands at 650+ but judging by the rally in PSU stocks SBIN can cool off a little and then resume its upward trajectory!
NSE:SBIN seems to have resumed uptrend. Shall be ready to hit new highs soon
Sbin intra day long as it holds higher levels and looks good to buy with strict sl
As BankNifty Continusally trading in Range from few days,chances of trending market may possible,if banknifty slips below 42200 ,go for Short with last swing as Stoploss. On upper Side also Banknifty facing resistance so if price get rejection from upper area as shown in chart then try 1/3rd quantity for sell and remaining add when it start to trade below 42200.
Counter is trading in ascending parallel channel structure, few days ago on result day counter gave a gap up opening and now counter have filled the gap,, now closing below 593 would lead to reversal confirmation, so sustaining below 593 on closing basis and follow through would lead to levels of 579 and 551 going a head,, if not able to close below small bounce...
What a spirited performance by NSE:BANKNIFTY today! Mega gap up opening at 42163 breaking the all time highs and a perfectly strong buy day today. The attempt to close the gap was short-lived when BN took support at 41929 (The swing high of the last few sessions). This was quite expected after the mega US rally yesterday, SP:SPX up 5.5%, NASDAQ:NDX up...
It will touch minimum 540 to 550, You can short here tommorow.
Short sbi after a strong closing above green zone, sl on day high target til,l gaap fill
Bank nifty might have closed in the green today, but i am of the opinion that the price action formed today is negative. I would like to short bank nifty from here especially because its weekly expiry tomorrow. BN opened gap up at 41914 made a strong red candle - keep in mind this is the all time high. Although the first candle was red - its not the base reason...
SBIN at ATH with wonderful volume support results awaited such scale up before results are tempting for more upmove in stocks daily and weekly RSI above 65 which another + point #onradar disclaimer - trade @ own risk
Very good sets of results. The counter has been in uptrend from quite some time... almost from 525-528 levels. Expecting profit booking at higher levels.. Have marked some trading levels.... 585 being the make or break level. Like.. Share... follow
SBI Q2 2022 has given Net Profit of 13,000 Cores this will lead the rally , Next Bank Nifty rally will lead by SBI Bank.
SBIN looking Good and Bullish. If it breaks 590 level and sustains then we can look for this targets 600/620/640/660/680/700 In the coming sessions. SBIN Quarterly Results came with Good Profits.
SBI looks to step out of the consolidation zone after forming a double bottom pattern. Will watch the levels of 473, which is the daily EMA. Once this level is crossed, expect some good momentum in this stock. Always define your stop loss between 5-8% if your trade fails. Do read my previous analysis on State Bank here..
SBI has given a fresh consolidation breakout on the monthly scale with a strong bullish candle. Momentum has retested the breakout and started the fresh leg of upside which will provide strength towards 700. Strategy- Buy at 584, add more on dips till 560 and hold with sl of 520 for 650-700 targets in a month or two.