After a long streak of downfall, SBIN has finally taken recovery from an important support . After breaking an important resistance SBIN can become a beautiful short covering trade. This is a swing trade and not an intraday trade. SBIN could continue its up move even after the 3rd target and could be chased further by trailing stoploss. The immediate stoploss...
SBIN has been consolidating for past two months, and has formed a Cup and Handle pattern (take a look at the chart). Also it has been following a trendline, shown in the chart, currently trading near this trendline. Testing Fib level 1.618 of two distinct trends of past. Interestingly, the height of cup & handle pattern coincides with one of the Fib level (shown...
Hello Traders, This is Muthu Following are my analysis: SBIN 1. cup and handle pattern and inside flug pattern formed price movemetum 2 that is break out and healthy retracemmt done , 3. right good entry u can expert target zone .
SBI FLAG AND POLE IS PERFECT OR NOT I DONT KNOW I THINK AFTER BREAKOUT APPROX 100 POINT MOVW POSSIBLE
Cup And Handel Pattern In SBIN Entry And Target Given In Video For Short And Long Trade Short Position For Risky Traders, Safe Traders Please Avoid Short Trade. For Any Query Contact Me In Comment Section.
GO LONG ON SBIN - FOR EDUCATIONAL PURPOSES ONLY
SBIN SHORT TERM ...ENTRY SL TARGETS
Watch SBIN on a daily and weekly chart. It is testing the descending trend line. Depending on the overall market sentiments, it can breakout or come down in the coming days
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.
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...
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...
Note: This is for educational purpose only. There seems to be a hammer candlestick pattern formation which is formed at the previous support levels. This hammer is apparently seen to be forming at the lower band of Bollinger band as well. RSI has bounced from oversold zone. Entry Price: ₹183 SL Price: ₹171 Target: ₹195 - ₹210
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; ...
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...
GOOD VOLUME HAS SEEN INCREASES IN OI MACD CROSS OVER NEAR BREAKOUT