SBIN Cup & Handle BreakoutSBIN - Weekly Analysis - Cup & Handle Breakout
CMP 401.2 Buy For Target 415-430-445-460+
SL As Per Your Comfort
Sbinlong
10 years of Breakout In SBIN with High Volumes10 years of clear-cut breakout in SBIN. Go Long
Long term targets 600-750 or more
SBIN looks Bullish !!!Invest in one of the most underperforming sectors, buy SBI at current market price for a target of 500.
Reasons:
1) Triangle pattern breakout with good volumes.
2) Made a "Golden cross" the golden cross is a chart pattern that is a bullish signal in which a relatively short-term moving average crosses above a long-term moving average.. As long term indicators carry more weight, the golden cross indicates a bull market on the horizon and is reinforced by high trading volumes.
3) MACD above signal and center.
I am NOT a SEBI registered advisor or a financial adviser. Any of my investment or trades i share here are provided for educational purposes only.
SBINLooking Bullish
all the key levels are mentioned in chart with stoploss and targets
Disclaimer
I am not a sebi registered analyst
My studies are for educational purpose only
Please consult your financial advisor before trading or Investing
SBI levles for tomorrowNSE:SBIN
Sbi rallied and currently consolidating inside a triangle. Trend continuation may be witnessed if we get a 15min closing above the marked level
SBIN Analysis- Buy And Sell Levels SBIN Buy
Buy- Above 373.5
SL - 370
Target- 376 380 385 390
SBIN has given a decent correction . we are going to capture the retracement of that fall. Buy from the given levels. Also be ready to short from 387-389 in intraday.
PRZ SELL
Short @ 387.5
SL- 390
TARGET- 385 380
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You can also check the below related trading ideas and my personal trade setups.
17/05/2021 Research Report For SBINBuy @ C.M.P (CURRENT MARKET PRICE)
Sell Target 1 :- 420
Sell Target 2 :- 450
Sell Target 3 :- 470
SBIN 1ST target Hit- Be alertGave call to buy sbi on 14 May. Entry triggered today and 1st target hit in the same day. Book 80% profit and be ready to short. Prz level is given in the call given below related ideas.
See the call I gave on 14 May 2021
SBIN multi year breakout SBIN multi year breakout given at Feb. Now price try to sustain and old resistance will act as support further. Chances are high to create new all time high.
SBI cards | Very good consolidation for a BOTAKE the trade if it opens a little gap up or sideways and with more than avg volume it breaks the blue trend line + closes above the biggest wick that is near ... take the appropriate risk and rewards will be at least the top orange dot marked and possible upside can also be seen.
A breakdown or a gap down = leave the trade.
Happy trading :)
Don't take the trade if u don't feel well emotionally or mentally ...
SBI BULLISH, wedge broken might give a retest at zoneSBI might take support at the marked purple zone as it is 0.5 fib level of the last uptrend in 15 Mins.
Also a mejor downward falling is also broken, so it can be a retest to that
SBI consolidating range broken with huge volume on monthly chartSBI consolidating in monthly timeframe broke the range with massive volumes and a move that looks like a retest might be going on if it sustains 350 on weekly basis we might see a huge rally.
SBIN Long on daily time frameSBIN: Has given a breakout and confirmation candle has also come. The right time to enter as Bank Nifty outperforming Nifty. The risk-reward is very favorable. Buy every dip till 340. Stop loss and target mentioned in the graph.
SBIN PreticitionSBIN Consolidation
Keep watch mentioned level if break Enter The Tardea
Happy Trading
SBIN - A Perfect rounding bottom, break out and retestSBIN - A Perfect rounding bottom, break out and retest
Safe investors go Long above 365, risky investors can enter at CMP
SL - 320 on closing basis
Target 1 - 390
Target 2 - 420
Target 3 - 500
SBI Near SupportSBI Bank is closed near lower blue line which is providing support, I am expecting it to take a bounce from this zone (325-320).
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Swing opportunity in State Bank Of India Monthly RSI- 60
Weekly RSI- 60
Daily RSI- 40
A strong breakout from a multi year channel. The price has come to the multi year resistance level which will most probably now act as a support forming a higher high, higher lows structure. As Bank Nifty recovers this stock will see new highs.
Target1- 420
Target2- 450
Time: 3-4 months(target can be achieved early too)
