Sbinanalysis
SBI Skewed Triangle 4th Elliot WaveStock currently in upward trend and may break upside.
Wave 4 has formed skewed triangle and about complete final Internal Wave E.
Long in the zones of 199-195 Stop loss 179 ( if hits loss will be ~10% of entry price) breaking 185 will be tough.
Targets for Wave 5 235(as per fib extension drawn between wave 2-3-4),245-250(aggressive)
Notable resistance 212 non risky can wait for break and close above this.
Disclaimer: Calculated and plotted values may differ little with actual stock movement. This investment/trade may not be suitable for all investors. Do your own study or ask your financial advisors before investing/trading.
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STATE BANK OF INDIA BREAKOUTSTATE BANK OF INDIA (SBIN) has breakout of range consolidation, Stock today on August 2020 breakout of Rising Wedge patter as marked on the chart. We can see levels upto 248- 250 in the next 2-4 months. One can Go long with the stoploss below 188 on Weekly closing basis.
SBIN LONG ON BREAKOUT 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 .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Example presented in these chart is for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SBIN continues making HIGHER LOWs NSE:SBIN is still making higher lows within INR200.00 range for the last few months. This is with reference to my post on Aug 5th when first suggesting that SBIN has been making higher lows and the time frame rapidly reducing for the swings.
Breakout can be expected once it crosses the sentimental INR204.00 range.
Buy SBI swing call
Hi,
Everyone how are you?
Today I am giving you a swing call of SBI.
kindly hit like and comment below if any suggestion
Alway trail your SL
SBI may give a breakout soon!SBI NSE:SBIN has been in an uptrend over the past few days. Bank Nifty having gained some steam, SBI may be in the right position for a big gain upside. Having a resistance far away with a strong support as seen in today's trade at current price, it may be a good opportunity to trade for handsome returns.
Regards,
Yogesh Gadhave
SBIN TRADE SET UP FOR TARGET 213 (STATE BANK OF INDIA)HELLO FRIENDS,
HERE IS TRADE SET UP FOR SBIN AS PER WAVE THEORY SBIN IS IN 5TH WAVE AND TARGET ZONE WOULD BE 213 TO 222 IN NEXT WEEK WITH STOPLOSS OF 185 CLOSING BASIS FOR ONE DAY, WE CAN BUY SBIN NEAR CHANNEL SUPPORT UP TO 192 TO 196 LEVEL.
HAPPY TRADING FRIENDS.
SBI Short Trade!Any trader who wants to trade in SBI. Please wait for correction till 193-194 and take your position. After that you will have target around 204 and stoploss at 190.
Intraday setup SBINSBIN broke again 200 levels on friday. It is again and again hovering around 200 levels.
We can use trend lines, Support and resistance levels drawn on the chart to initiate intraday positions around those levels.
SBI Range boundSBI must break 200 levels to give further movement upside.
With a solid previous quarter results, Holding and waiting for the breakout.
SBI buy at 203 with SL 194 Target 228, 2401. We can se positive volumee breakout on charts
2. Also we have tredline support at 194
3. WE have also seen a breakout in resistance zone.
Its a good buy candidate.
SBIN Long 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 .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SBI card bullish for 10 Aug tradeCup and handle pattern, Overall trend on upward side
Will be bullish for intraday trade on monday
SBI bounce back from demand zoneSBI bounce back from demand zone if crossed 190 resistance zone we can see good movement of around 5-8 points upside.
