SBI Intraday Trade | 12th Feb 2021Sell near 392 for the targets of 388 and 384 until 396 is intact on the upside.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Sbinshort
Major Gap filling in SBI. Watch out for it!SBI is consolidating near 390. If it breaks down 385 level then you can go short for minimum 2-2.5% target in intraday. Keep a watch and trade accordingly. Good luck!
📊 Sbin 🎯NSE:SBIN
short only on reversal with strict stop-loss, that red dash line is PRZ.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
📊 Sbin 🎯NSE:SBIN
Short only if find reversal. 343 to 373 Reversal Zone.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Sbin Short I hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
INTRADAY PICK SALE LEVEL @ 228 FOR TGT 223
WITH STOP 234
228 - BCOZ THAT IS WHERE THE NECKLINE OF HEAD & SHOULDER PATTERN WILL BE BROKEN
NO OTHER PARAMETERS ATTACHED.
disclaimer - study own n enter.
SBIN SHORTI hope you can now see how SBIN represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Sbin Short I hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SBIRejecting from Day resistance.
Formed a Hr pattern, had breakout the Hr pattern, expecting retest & fall again till the target.
Sbin ShortI hope you can now see how Sbin represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
CONFIRM SHORT TRADE IN SBIN AS PER WAVE THEORY and DEMAND SUPPLY
We are looking at the Monthly chart here; we clearly see Wave 1, 2, 3, 4 complete and now Wave 5 is forming;
Wave 1 and 5 are almost similar waves in terms of both magnitude and direction also Wave 5 each and every time definitely breaks the low made by the end of Wave 3 therefore we are super sure that it will cross the previous low of Rs. 149.45.
Let's verify every Wave in the Lower Degree to confirm the above structure and to find an accurate entry in the Potential Supply Zone;
Wave 1: Downward Simple Impulse
Wave 2: Upward Simple Correction
Wave 3: Downward Simple Impulse
So Wave 3 is complete and verified I have also shown the magnitude of every Wave to have a clear understanding regarding the Impulse;
Wave 4: Tripe Three Correction Explained and verified with most unexplained X Waves;
After verification of all these Waves we are sure that this is a downward Impulse and Wave 5 will surely end below the Low of Wave 3 (Rs. 149.45)
Wave 5 will formed as per the Monthly chart which means we will have 5 Wave downward Impulse in The Lower Degree charts
Here we see that Wave 5> Wave 3> Wave 1; which is together a Wave 1 and hence we are sure to have Wave 3 as an Extended Wave;
Hence the Downward Move is assured with immense volume;
Wave 3 starts and here we will have a 5 Wave downward Impusle formed;
We have Wave 1 and 2 complete which confirms the start of Wave 3;
In Wave 3 which is to be formed in 4H hence there will be Impulse formed in Lower Degrees which are as follows;
Also this is the 1st Trade in Downward Direction;
What will happen with SBI?
We have a Leading Diagonal which makes Wave 1;
We have a Type 1 Zigzag here and Wave 5 completes the Upward Impulse move and now will start the Correction;
In correction we have Waves A; B and C
This is Wave A.
This completes Wave B
Now we will check how much the Wave B has retraced into Wave A; that will tell us what will form in Wave C;
So we see that Wave B has retraced Wave A by more than 100% which confirms the Correction structure that is forming is a Downward Flat correction structure; therefore Wave C will be a 5 Wave downward Impulse;
So we are having a 5 Wave downward Impulse where Waves 1, 2, 3 are complete and Wave 4 is onn; we will verify in the Lower Degree what structure is forming in Wave 4; After Wave 4 ends we will have one more downward Impulse in Lower Degree which will be Wave 5 and hence will complete Wave 1 of the Downward Impulse; then Wave 2 in Upward direction;
This is a good short Trade will give the Put Price when the Upward ABC structure completes;
SBIN - Falling Wedge ContinuationProfessional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
SBINProfessional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisor. Risk it for the biscuit.
Sbin Short I hope you can now see how SBIN represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SHORT SBINI hope you can now see how the SBIN represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
