SBI has been trading inside the triangle since March 13 and now it looks ready to breakout off the pattern and run towards 200 level.
RSI Divergence and SBI has not participated in the current rally. Go Long with Target up to 240 wit SL of 178 Disclaimer : I am not a SEBI registered investment advisor. All views expressed are for educational purpose only. Kindly consult you financial advisor before trading or investment. I may or may not have position in the stocks described for trading or...
SBIN looks good for intraday Comment if you have any doubt regarding my setup Stay Safe!
Well look at the chart & see that it's pretty clear that at around 248 the RSI indicator almost touched 30 but then at 259 the rsi went down till 26. So a clear indication that people are bullish about this. we can buy at around 270 for a Rs. 40/- target to Rs. 310/-.
I HAVE SHOWN TWO GAPS ONE GAP WAS FILLED ON SATURDAY NOW IT MAY OR MAY NOT FILL SECOND GAP BUT AS IT IS NEAR IT MAY BE FILLED THEN WE HAVE TO WATCH PRICE ACTION AFTER GAP FILLS SAFE PLACE TO GO LONG WILL BE 291 APPROX
MOMENTUM TRADE IN STATE BANK OF INDIA VIEW -MORNING STAR DOJI(VERY BULLISH) -MOMENTUM INDICATOR REVERSAL -200-DMA SUPPORT TRADE VIEW:- DEC FUT BUY@322 STOP@314 TARGET 1@332 TARGET 2@337 LOT:3000 QTY:2
if sbin close above 317 then first target will be 350 then second target will be 375 or above
SBIN :- Do U believe breakout? Plan A : If retest Done Target 308 & 333 Plan A : If retest Fail Target 277 & 263
HEY GUYS, NOW I AM HERE TO SHOW YOU THAT IN CHARTS WE CAN SEE THAT SBIN HAS BROKEN ITS ASCENDING TRIANGLE PATTERN AND NOW IT HAS BEEN CONFIRMED THAT NOW IT CAN GO UP . SO, WE MAY SEE THE BULLISH MOVES IN SBIN .
THERE IS A HUGE DIVERGENCE IN THE PRICE RATIO GOOD TIME TO EXECUTE PAIR STATISTICAL ARBITRAGE POSSIBLE PAIR TRADE SBI-VS-ICICI BUY SBI FUT @286 QTY:1 LOT BUY SBI CASH @285.45 QTY:972 SHORT ICICI FUT @413 QTY:2 LOTS WAIT FOR MY EXIT SIGNAL!!
SBIN has a high probable long position 364 target.
KEEP EYE ON NIFTY50 HOPE YOU UNDERSTAND