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Sbinanalysis

SBI HAS MADE ITS BOTTOM RIGHT TIME FOR INVESTING SEE HOW? 1.In my last post on sbi , I shared about bottom fishing in this stock. Where I made a green box to be area for would be bottom. But today"s candle confirmed The upper band of white zone sbi selected to be right area of bottom . You can see I circled that in green sbi took support in last week and crossed red channel . Til yesterday two candles above red channel were not providing enough information of true break out . But today candle fulfilled my taken out condition . Therefore, when price switched its sentiment then investor and trader should also switch his /her sentiments with price . stock market is game of sentiments one should know at early level the psychology of trend is being changed. today it confirmed I am sharing same day. 2. For investors this is the right time to invest in this scrip. Traders I made one red dotted line til price do not take this out , no shorts buy on dip is good strategy for this stock . In coming days second target will be achieved. Since sbi took support on upper end of zone so chances to reach green box is negligible ,consider only when red dotted line is taken out. Attaching last post for your consideration. Rest market will decide.
NSE:SBINLong
by yvatsji
20
Continuous Series of Lower Waist in SBINSBIN is creating a continuous series of the lower waist in a daily Kagi chart started from 5th Feb indicating a bearish sign. But at the same time creating a very strong double bottom pattern at 151.80 levels. At this point fresh entry on any side should be avoided. The trader who is in a short position should hold the position with stop loss at 184.25. Traders who want to long their position should wait patiently and watch out the price action at this level. Because in case if it breaks this level then we have all the probabilities to see 2 digit price. So long traders should wait. NSE:SBIN
NSE:SBINShort
by Traderanit
THOSE IN INTERESTED IN BOTTOM FISHING CAN SEE SBI IN COMING DAYSHi Investors, I have seen in my career, many people interested in bottom fishing but unable to do so. Either end with deep losses or Stuck in that scrip. In fact everybody wants to buy low and sell high. But do not know what price structure is saying , without knowledge gets stuck in stock. Many SEBI registered panelist on air says it is impossible to find bottom. I do agree with them but depth in analysis makes it easy for anybody. Here I try to show bottom of sbi and future move target with expected time. 2. See Sbi is in last leg of spring test then will enter in change of atmospheric phase , That will take to projected price target in next two months may be earlier. If you see the fig .I made a red channel there after a green box at the end of this downward sloping channel.This box is the right place to make sbi bottom. If in coming days sbi make bottom then my future projection will be confirmed. In next two months you will see price moving to green dotted line as my target for sbi. When you find this manifestation of move is correct do come to like and comment on this post. Stock market is game of correct manifestation As i do in my daily trading in Bnf & nifty that is available for your consideration on record at trading view as my ideas. Can check my strike rates yourself. I can be wrong any day anytime but like to maintain my strike rate. Rest sbi price will decide . YOGESH VATS
NSE:SBINLong
by yvatsji
13