SBIN holding the trend line from Last Few Months. The Panic breakout is of trendline has been Recovered & It looks good Above 850 Levels. Having a Bullish bias right now Because all higher Timeframe indicates Bullishness. Wait for the Move Confirmation. HAPPY TRADING
SBIN, was consolidating since 2022 and now it has given a strong breakout and also retested the breakout levels and bounced back which shows a strength in the momentum... trend looking good and sustainable.... Views are just for the education purpose only....
Details: Asset: State Bank of India (SBI) Pattern: Channel breakout and Bullish Flag Breakout Level: Above 800 Potential Targets: Projection based on channel width or flagpole height, or next significant resistance levels Stop Loss: Below breakout level or as per risk tolerance Timeframe: Medium to long-term Rationale: State Bank of India (SBI) is exhibiting a...
SBI Daily Analysis Double Bottom Pattern Formation in SBI SBI has made Double Bottom Pattern . As per analysis The projected Target of SBI would be 605.65 but we all know there will be some buffer in theoretical and actual movement so i divided the profit into two parts. The target 1 will be 605.65 and target 2 will be 649.85 this is the highest level of...
SBIN is trading around the highs and if forming a bullish flag and pole pattern. For last 3 weeks it is holding on to the higher levels. A nice bullish trade can be capture for a 10-12% move in near future. A nice move it has already given and it can touch another milestone of 700 in this quater. Break out can provide a nice up move in the stock. Positional...
Stock has already concluded it's running triangle structure at Oct'23 low of 543 and currently rising in an impulsive manner after the breakout. The measured target for this structure is coming in the region of 790-800 zone. Hence, stock is likely to hold above INR 600 on any weakness and extend it's gains towards INR 790-800 in the coming weeks. A sustained...
SBI has formed Double Bottom Pattern and started to gave a breakout from 568 as that was resistance line. Based on the pattern target can be set as 625-630. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
SBIN BUY TRIGGERED Buy sbin at CMP 591 Target 600 - 603 - 608 SL 585
NSE:SBIN SBIN is showing bullish reversal sign and can achieve 560 level zone easily in coming weeks with buy on deeps strategy (only in new high new low formation) . current resistance for sbin is at 533/532 zone, above that 540 /538 is the next resistance zone, best entry will be when sbin hits 540/538 res zone and retests previous resitance of 433/532 and...
SBIN has made breakout of 565 levels and made a close above it. RSI is above 60 levels and banking sector has outperform nifty with help of this stocks. SBIN has its earning release on 30th may. Stock has retested levels of 565 and taken support at that levels which means SBIN is not likely to go below 565 levels. SBIN has next resistance 595 levels where we...
#SBI : VCP Breakout Positional Call (1-3 months minimum) >> Entry at cmp or at retracement till safe entry levelz >> Good Volume Buildup >> Good strength in Stock >> Swing Traders can book profits at 5-10% or keep trailing Trgts : It will test the Previous Swing highs Keep Liking & sharing for more such Learning
NSE:SBIN is at great support and has potential for a bull market as NSE:BANKNIFTY is also down. I have been following this stock and on 22nd Feb around 50% of the volume was taken delivery as per NSE data. This means people are buying NSE:SBIN . Being a Passive Investor I usually sell put options because if situation goes against my trade I can still buy the...
SBIN chart on 1 hours moving average crossover- bullish sign mid term. if break 526 level and hold then go upward. level draw in chart. I am not recommendation buy or sell.. those level only educational purpose.
Sbin Weekly time frame is in Uptrend .. Next will be Bullish For Bank Nifty and Sbin too .. Major Trendline Support
SBIN has declared highest quarterly profit ever. So i recommend one yo buy sbin at 544 and accumulate st 520 and 500 with a stoploss 490 and target 570 600 and 620
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...
This analysis is in Daily timeframe Tomorrow if you see a Bullish breakout you can activate the swing, then you can activate your swing, after that bring your stop-loss to cost and continue your trade...
This analysis is in 15 minutes timeframe, on Monday if you see any side breakout you can activate the swing, or try to take a " 1:2 " risk ratio at the start and then you can activate your swing after that bring your stop loss to cost and continue your trade...