State bank of India looking a fresh start on daily chart by breaking a curved trendline support and closed below that and starting a negative trend on macd indicator by negative divergence it looking some more downside remaining in this stock in coming days. CAUSE OF SHORT-: 1- Breaking support on curved trendline support. 2- Negative divergence start on macd...
If 500 holds, upside possible Target - 527, 541, 560 RSI at level of 57
On trendline breakout, go long Good Support at levels of 419 20 ema support also taken Target 1 - 437
Price may move towards filling the gap. Wait for the price to sustain above the trendline and marked zone. Go Short if the price gets rejected from the Grey zone. Price may also retest the support once more time before moving up. Use appropriate risk-reward ratio. Always use a stop loss. P.S: This is NOT investment advice. This chart is meant for...
Head and Shoulders Confirmation Entry - 188.45 above candle close Targets - 193 , 200
STATE BANK OF INDIA (SBIN) has breakout of range consolidation, Stock today on August 2020 breakout of Rising Wedge patter as marked on the chart. We can see levels upto 248- 250 in the next 2-4 months. One can Go long with the stoploss below 188 on Weekly closing basis.
SBIN looks weak, short term may be down trend. Support near 177, with resistance around 195 We may see nearest level of 180. Updated on: 5th July 2020 11.00pm Disclaimer: only for learning purpose
SBI has given a nice break out, friday's volume and OI addition indicate more upside. Any hedged position or a Bull spread utilising 185 n 200 strikes can be taken.