SBIN – Bullish Breakout in ProgressSBI has staged a strong recovery by breaking above its short-term falling trendline, signalling renewed buying interest. The stock is now testing a crucial resistance area, where a decisive breakout could confirm the start of the next bullish wave. If this breakout is sustained, the price may extend its rally towards the 1,100 mark in the coming sessions.
As long as the recent swing low remains intact, the overall trend continues to favour the bulls, making any short-term pullback a potential
Sbinbreakout
SBIN : Swing Trade#SBIN #swingtrade #threewhitesoldier #trendingsetup #breakoutstock #momentumstock
SBIN : Swing Trade
>> TWS Visible
>> Trending setup
>> Cup and Handle formation
>> Breakout Candidate
>> Good Strength & Volume
>> Good Risk Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Disc : Charts shared are for Learning purpose not a Trade recommendation.
Consult a SEBI Registered Advisor before taking position in it.
SBIN (NSE:SBIN) Breakout Alert: Inverse H&S Targets 835/875
Timeframe: Daily
Key Levels: Resistance: 786 (neckline of Inverse H&S).
Pattern & Context:
-Inverse Head & Shoulders nearing breakout confirmation.
-Price stabilizing post-gap-down, signaling potential bullish reversal.
Confirmation Needed:
-Breakout Candle: Strong close above 786 with elevated volume.
Trade Setup (Post-Breakout):
Entry: Retest/close above 786 with volume support.
Targets: 835 (pattern-derived), 875 (next key resistance).
Broader Market Check:
-Ensure bullish alignment i
SBIN Swing Long Setup - State Bank Of India is currently Trading at 790.85
- We are currently in a good zone if you are looking to build longs
- All PSU banks moved up except for State Bank of India
- Peers are performing quite nicely hence we might see SBIN following and doing the same
- Invalidation of this swing will be below 765
Swing Trade Setup for SBIN -Fasp Levels
The FASP for SBIN is listed for 11-1-2023 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use
Is SBIN on a re-test zone ??State bank of India, A heavy weight PSU bank is showing strength, Yesterday we saw good selling pressure on this scrip but unfortunately sellers failed to push and buyers taking the price higher. If price sustains above 550 then possibly we can see a strong upmove in this stock. keep in radar
#note - The idea is shared for educational purpose and not a trade recommendation, Please trade after consulting your trade advisor.
Thank You.
SBIN Big Breakout SBIN Future Trading at All time Highs, After A huge consolidation finally Range breakout in the stock is seen. Stock has entered un charted Territory, And head towards 600-650 in the next 3-6 Months. We are bullish on the Stock on Short Term basis. And We are initiating Buy position in SBIN Future @ 555 With Stoploss of 530 For the Targets of 580-600 for Swing Trading i.e. September Series.
SBIN Cup and Handle Pattern, Two Fib sequences merging, Long SBIN has been consolidating for past two months, and has formed a Cup and Handle pattern (take a look at the chart). Also it has been following a trendline, shown in the chart, currently trading near this trendline. Testing Fib level 1.618 of two distinct trends of past. Interestingly, the height of cup & handle pattern coincides with one of the Fib level (shown in the chart). Looks good for a long journey. Everything else is self explanatory, look at the chart.
All events are merging and I gu























