STATE BANK OF INDIA (1D TF) - Swing Trade Analysis given on 3rd March, 2024 Pattern: RECTANGLE BOX - Volume buildup at Resistance - Done ✓ - Wait for Retest at Demand Zone & Consolidation - In Progress
Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . Wait for small retracement & daily candle to close above - "585" Trade carefully @ 595 level . Entry: 586 target: 593- 511- 527 - 689 sl: 575 - 569 major stoploss/ support: 555 . If you are interested in invest now, go for it with proper risk, . . Overall " SBIN "...
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to...
SBIN may be downtrend , see the support levels . major resistance there in so may months, focus on it
Hi Everyone This is our final chart of SBI which consist 10 percentage weightage of Bank NIfty. Already posted HDFC bank and ICICI bank (both consist 60 percentage weightage) With this you will have proper understanding of current and future directions of banknifty. I will update further when the times come, till than happy...
SBIN Take Support in Trendline So Entry - 585-590 SL below trendline or 20EMA candle close - 575 TGT-600 & 615 EXIT 1ST TGT With SL 2ND TGT With Cost to Cost or Trail
SBI the largest public sector bank is forming a head & shoulder pattern on weekly charts along with a breach of neckline support from where early breakout occurred. given that ads negative trend strength is rising , If the momentum support at psi 40 breaches along with a confluence support breach of bottom trendline from 2020, then it could be retesting the...
Today SBIN was available at 500 which was a great level. Never the less tomorrow SBIN should give opportunity to enter again. SBIN is a solid stock to keep in profile. The support and resistance lines are self explainatory.
STATE BANK OF INDIA as per Day Chart Analysis Stock ABOVE 620 TARGET 624 Happy Profitable Trading to All... Advance Happy New Year Wishes to All...
STATE BANK OF INDIA as per Day Chart Analysis have chances to move uptrend Stock ABOVE 620 TARGET 623. As such Nifty is in Downtrend Mode up to 18325 to create fresh demand and Bank Nifty is in Uptrend Mode. So trade carefully for this week. Happy Profitable Trading to All...
STATE BANK OF INDIA posted 29.11.2022 Stock ABOVE 615 TARGET 620 and in few sessions TARGET will be HIT. Happy Profitable Trading to All....
STATE BANK OF INDIA as per Day Chart Analysis ABOVE 615 TARGET 620. Happy Profitable Trading to All...
Counter is trading in ascending parallel channel structure, few days ago on result day counter gave a gap up opening and now counter have filled the gap,, now closing below 593 would lead to reversal confirmation, so sustaining below 593 on closing basis and follow through would lead to levels of 579 and 551 going a head,, if not able to close below small bounce...
SBI Q2 2022 has given Net Profit of 13,000 Cores this will lead the rally , Next Bank Nifty rally will lead by SBI Bank.
SBI looks to step out of the consolidation zone after forming a double bottom pattern. Will watch the levels of 473, which is the daily EMA. Once this level is crossed, expect some good momentum in this stock. Always define your stop loss between 5-8% if your trade fails. Do read my previous analysis on State Bank here..
Earnings NEWS: State Bank of India reports the highest ever quarterly Net Profit of Rs 13,265 Cr (a growth of 74% YoY). Loans: 20% YoY growth, 4.6% QoQ growth! Analysis: With Earnings backing the stock (beat on all estimates), I expect the stock to continue the momentum as the strongest PSU bank. Keep a stop loss at 570 and go long for the longer term.
Important SBIN Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
Hi Guys, Support and resistance marked with trend line. Either Side breakout will give good return. Note - Please add proper SL before taking any position. Manage your risk. Please like and subscribe if you like content.