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...
SBIN INTRA-DAY TECHNICAL IDEA YOU CAN BUY /SELL IN VIA OPTION OR FUTURE BUT YOU WILL HAVE TO FOLLOW THE SPOT PRICE SUPPORT AND RESISTANCE.
SBIN Break previous Trend keep watch Retest If You ready to Take Risk Go ahead... Levels Mention on chart
Expecting a strong reversal in SBIN and it will touch the strong retracement level of 163 within 2 days, and can go further until 160.3 of 50% retracement. Wait and watch...
SBIN 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...
Hi 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...
Falling wedge in SBIN and PSU index is also showing a falling wedge. Buy only above 165. Target 220-240
then looking for a swing long is a good all I can see otherwise Sbin still a dump. Reasons: 1. Price following through a bearish parallel channel. 2. Everything looks bearish till price 166.30 3. Sbin dumping
1 Hour TF : Sbin is trading inside a Channel 1 Day TF : Desceding / Bearish Flag Pattern Breakdown from the Bottom Trend line is expected.
sbin stock is almost moving in a strong support area .sbin can show upside move in ypcoming trading days, wait for proper rejection from support line .incase sbin break the support line in downside it can show major fall .
RR Ratio 3:39 follow me and like my post for amazing analysis
Trading in Symmetrical triangle pattern, Seems to be breakdown soon. Sell SBI below 178 SL- 190 T- 160