State bank of india has taken a previous support in monthly chart
Sell at 170.5. Target is 132.9. Looks unrealistic at first. Good support at 150. Wait for 10 days to see if target is achievable. Let's see.
SBI is trading little above multi year support zone. Buy for target of 280
Hi Traders & Investors, In my last post of this stock what I mentioned is quoting for your consideration " " those who want to enter long they should consider a red dotted line as sl and get long side position till that dotted line is breached." you can see in two days bnf gave big volatile moves but the price did not even...
SBIN tried too cross 200 level many times in past few months and fails, again it is near 200 level , therefore I consider this as important zone. however if it give close above 200 , new level will open for SBI. NEWS : Since news are bit positive for the short term for banks it may surely touch the 200.
Note: This is for educational purpose only. Not a perfect one but seems like a formation of INHS (Inverse Head & Shoulder) chart patter. RSI is above 50 which indicates bullish momentum. There is an increase in buying volume in last 3 sessions.
SBI Bank double bottom formed , chances are high to see upside movements in comings day.
RELAINCE INDUSTRIES In last post I gave two dotted lines one red and second yellow. What i mentioned quoting '" IF red dotted line is taken out on smaller time frame of 1 hr then then you will see rally to red line in coming days." you can see lower yellow dotted line is intact and price breached upper red dotted line but not taken out on either 1 hr and...
Hi Traders/Investors, Last week I mentioned in my post point no. 2 for your consideration " for investor this is right time to invest in this scrip. traders I made red dotted line til price do not take it out , no short buy on dips is good strategy for this stock. in coming days 2 nd target will be achieved." This is what I...
Note: This is for educational purpose only. There seems to be a formation of "Cup & Handle" chart pattern formation in SBI. There is a "Bullish Piercing" candle stick pattern. Price will move up if next candle closes above high of the current green candle.
Important for reversal 176.5 & 171.5, the outcome was clear that we would get a smart move higher. Point to be noted: Volume must be higher than average at the both key levels to take long position. if sentiment remains strong, we could even see 182/189.5. Dont forget to Follow me and Like my work.
Upside view. Trend active after 630. Sl-607 Target-1 650 Target2-680
Looking for Cup and handle pattern on SBIN. If Nifty supports, SBIN will go on strong Bullish. Target 240-250 Time - 1 - 2 months Give u r opinion frnds...
Do not buy until closes above 205. For trading sell only below 175 for 150.
SIBN the gap between support and resistance is 100% Wait for the breakout from longterm trend line for to entry long Check the charts for the levels
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...