SBIN Short termAnalysis is given on chart
This is an educational post
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
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Sbinshort
SBIN - June 2 - June 4 expectation LevelExpecting a strong reversal in SBIN and it will touch the strong retracement level of 163 within 2 days, and can go further until 160.3 of 50% retracement.
Wait and watch...
Time to buy SBIN?Falling wedge in SBIN and PSU index is also showing a falling wedge. Buy only above 165. Target 220-240
SBIN ShortSBIN is moving in a strong resistance area and it can take reversal to test their support level .it can test the 180-175 support level in upcoming trading days .
Trading Idea Short- SBI (State Bank of India)Trading in Symmetrical triangle pattern, Seems to be breakdown soon.
Sell SBI below 178
SL- 190
T- 160
SBIN Short Term SellSBIN sell side target 170-173...Must Reverse from there,....Tommorrow Indusind bank result also...
Play accordingly... Trend change buy only above 193...
Do your own analysis....
SBI STAY SHORTSBI IN DOWNTREND STAY SHORT BELOW 184
SL 188
TARGET 178/174/170++
BUY IF CROSSES 190.50
SL 184
TARGET 198/203
SBI View for Sep. 25thSell SBI if it sustains below 300 for the targets of 297, 294 and 292. SL would be 303.50
SBIN :- Do U believe breakout?SBIN :- Do U believe breakout?
Plan A : If retest Done
Target 308 & 333
Plan A : If retest Fail
Target 277 & 263
SBIN - SHORT PositionTarget based on trend Line.
SBIN not gonna settle at Support 1 because volume is so high and SBIN also reached below RSI30.
It means Selling pressure is still HIGH.
Gonna Touch Trend Line in next 2 Weeks.
Target can be seen on Chart.
Any Help will be appreciated.
