Despite the stock was having food momentum, buyer support and volume, I have been staying away from SBI since 30 points run away gap up was formed after the budget event. The huge run away gap up of 30 points to be filled soon. the demand zone for short and long term still remains at 320-350 range.
Hi , thanks for stopping by at the analysis. We started off with the Weekly time frame where we marked the important key support and resistance levels, as we all know that SBI has broken its all-time high recently. But there's a pattern which we can see previously as well after drawing the counter trendlines. Also on RSI the mark is above 80 now which means...
NSE:SBIN short only on reversal with strict stop-loss, that red dash line is PRZ. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:SBIN Short only if find reversal. 343 to 373 Reversal Zone. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
NSE:SBIN as one can see its bearish harmonic pattern, sbin just got break out so one can long till above dash line and book only if find reversal seems like trend has just started. Learn . Apply . Grow ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do...
SBI made the bullish Elliott wave on the time frame. And completed 4 waves. The 5th wave and ABC correction are remaining. The expected completion of the 5th wave is 295.35 , and it is 61.8% of 1+3. So, it has to cross 283.30 - 290 .10 to reach 295.35 . And if the trend crosses this, too. After that, it will fall for a short time to make the A of the ABC...
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 . Thank You Disclaimer: It should not be assumed...
SBI has underperformed compared to Bank Nifty. It is likely to expect that we can see some good momentum in SBI in the coming weeks. 225 is strong resistance as of now. This stock is certainly not a pick for the long term horizon. CMP - 200 Target - 225 Position Type - Swing
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 . Thank You Disclaimer: It should not be assumed...
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 . Thank You Disclaimer: It should not be assumed...
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 . Thank You Disclaimer: It should not be assumed...
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 . Thank You Disclaimer: It should not be assumed...
This trade is derived as per Probability and is an Intraday Trade Do not risk more than #% of your Principal;
We are looking at the Monthly chart here; we clearly see Wave 1, 2, 3, 4 complete and now Wave 5 is forming; Wave 1 and 5 are almost similar waves in terms of both magnitude and direction also Wave 5 each and every time definitely breaks the low made by the end of Wave 3 therefore we are super sure that it will cross the previous low of Rs. 149.45. Let's...
Note: This is for educational purpose only. There seems to be a hammer candlestick pattern formation which is formed at the previous support levels. This hammer is apparently seen to be forming at the lower band of Bollinger band as well. RSI has bounced from oversold zone. Entry Price: ₹183 SL Price: ₹171 Target: ₹195 - ₹210