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 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...
Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the...
SBIN has been trading in a zone and on the weekly time frame has closed near the resistance zone.
The stock has been trading above the weekly 20 ema and has given an bullish engulfing candle.
On the daily time frame, the stock has formed an inside candle.
If the stock breaks above the consolidation zone, nice targets can be achieved.
Higher time frame break...
NSE:SBIN
It is short term trade
The stocks is geting resistances from lifetime high so its has rejected by many people.
Also its rsi is also reducing which indicates its weakness
The first target is 500 and second target 490 .
This is for educational purpose.
State bank of India On the Daily chart trading between Range of 430- 545 from last 2-3 months.
Currently Stock has hit the Higher side of the Range i.e. 545 and a Doji Candle formation followed by Bearish Engulfing candle Pattern formation is observed near Resistance levels. Also banking stocks looked to be over heated so there can be some correction in the...
Downside gap is pending so definitely market has to full fill these gaps sooner or later.
Conditions applied:
If market goes below the intersection point of Trendline & Channel line which is @ 462.70 then we can go for short till gap was filled @ 449.2
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.
Immediate Support at 506
Currently SBI has given a rally since its recent drop to 442 mark.
If you bought at 450 levels can book profit today and enter short position for a garget of 470-464 with a stop loss of 506.
Sell Today
SL 506
TGT 470-464-458
*Always Enter With good confirmation & Maintain proper Risk Reward.
**********Educational/information purpose only **********
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NSE:SBIN
#SBIN
Many times Market will show something and act different...
A trader should always be vigilant and have vision on both the sides.
who ever reached me personally got this point clarified before.
Happy Trading !!
NSE:SBIN
Today All the scripts resulted very big and shared for your reference.
#SBIN trading above the support line
All the key levels mentioned on chart !!
Happy Trading !!
NSE:SBIN
#SBIN seems formed Ascending triangle and ready to BO.
Volumes not supporting for BO as per the chart,
But candles trading near to resistance level,
Post confirmation in any level (Resistance/Triangle) may decide the momentum of the stock.
Interested to trade in this stock ?
Reach me tomorrow for the levels....
