Sbin monthly time frame is broked its multi year resistance & keep sustaining in that level.. we has the potential of moving towards 550.
wait for channel breakout..............................................................
sbin me FLAG type ka bana hua hai aur market bullish hai tho market gap up hi hai tho you can see a good move in sbin
Sbi is looking in small range . so keep watch on it . The range is old.
sbin me box type se bana hua hai hai jidar barck kre udar enter krna hai hai ok.....
Bullish momentum with rounding bottom looks convincing this time will take stock to the 500 levels soon
SBIN Chart analysis. trade with caution. Use appropriate position sizing and risk management.
EXPLANATION : This is a 15 Min time frame chart of SBIN . It has been in a consolidate for days and has formed an Ascending Triangle Pattern . If gIve a strong breakout and broke its supply zone with volumes and retested the same , I am bullish on SBIN .
SBIN IS SHOWING HEAD AND SHOULDR CHART PATTERN ON DAILY TIME FRAME. AND AS WE KNOW HEAD AND SHOULDER IS A SIGN OF BEARISH. SO SELLING CAN BE SEEN. We can keep an eye on SBIN. Though it has consolidated between those horizontal lines. both side target can be achieved.
Seems double bottom at 430 Try to buy with a sl of 429 CMP 431.50
If price sustain 434.0 , it may go upto 440.00 as per price action and Fibo level
SBI following ascending triangular pattern may rise upto 470 by last week of September 2021.
We have hit our targets in sbin in just 2 days🙌 You can continue the trade with a trailing stoploss and it still has very good upside potential !!
After a long streak of downfall, SBIN has finally taken recovery from an important support . After breaking an important resistance SBIN can become a beautiful short covering trade. This is a swing trade and not an intraday trade. SBIN could continue its up move even after the 3rd target and could be chased further by trailing stoploss. The immediate stoploss...
Breakout of previous high with decent volumes. Wait for restest to enter.