Clear and Classical Double Bottom Pattern Seen in SBI, Looking to Go Long on SBIN Future (@ CMP 487) For the Targets 520 And Stoploss below Swing low 475
The stock is near support area and holding it's previous swing low.
As long as 440 is holding we can get a bounce will 440 on weekly basis.
On the flip side closing below 440 will accelerate some selling and potential down side level will be 400.
NSE:SBIN
given a good bounce from harmonic level in intraday for swing trade we need more conformation.
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must...
NSE:SBIN
#NSE:SBIN Cash 20 Points = 4%
SBIN APR 490 CE 11 Points
Wish all our subscribers enjoyed the level.
Happy LEarning !!
Do Like and share for more regular charts.
NSE:SBIN
Trade Setup for 29-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or...
NSE:SBIN
#NSE:SBIN formed inside doji in Daily frame and beautiful trendline in 15mins frame.
Shared the potential levels according to my analysis, wish that helps.
Happy LEarning.
hi this sbin mar fut day analysis learn the price action and tech analysis don't jump wait for stock to come on 20 sma then take decison rest all is moh maya
Beautifully following upward trending parallel channel. two possibilities occur here.
1. Might be keep trending like this and go till 585-600 levels
2. Come down till 490-500 levels then proceed towards 600 levels.
This stock is showing good strength impulsive move towards north direction, we have witnessed breakout with good intensity of volume, wave counts are also suggesting same along with trend indicators.
breakout with good intensity of volume
wave structure could be like this
macd in weekly
macd in daily
rsi in daily
Disclaimer
I am not sebi registered...
![SBIN: Simple Trade Setup | SBIN | 29-03-2022 [INTRADAY]](https://s3.tradingview.com/0/0S318seO_mid.png "Simple Trade Setup | SBIN | 29-03-2022 [INTRADAY]")
