SBIN LEVELS FOR MONDAY - 24-10-2022Important SBIN Levels ( Support & Resistance ) for Monday Market- 24-10-2022.
Statebankofindia
SBI Intraday Trade setup for 8th SeptHi 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.
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SBIN, ready for breakout??SBIN is trading in zones since long time. Is it ready for the breakout above 549? What are your views after seeing chart?
Time To Accumulate!#SBIN
508 to 549 is the range. Needs a Weekly Closing Below or above these levels respectively. I am with Bulls in this case. Let's make SBIN great again! :-)
SBI TRAVELING DOWN FROM RESISTANCEsbi sell opportunity
1) macd c/o
2) increasing volume
3) resistance zone
4) gap down opening
NSE:SBIN
STATE BANK OF INDIA _BREAKOUT INVERTED H&SSBI seems clear breakout in daily chart. Its look like a Inverted H&S, neckline breakout happened. keep concentrate for the upcoming mentioned targets.
short STATE BANK for t1 536 t2 426 T3 495 with stop loss 551short STATE BANK for t1 536 t2 495 with stop loss 551
STATE BANK OF INDIA WEEKLY BREAKOUTState bank of India becoming strong on weekly charts with breaking downtrend resistance line and gives breakout on relative strength indicator and seems good buying absorptions too which is indicating coming good volumes and higher prices
CAUSE OF LONG-:
1- Falling resistance trendline breakout
2- Relative strength indicator breakout
3- Good buying absorptions indicating resumption of up moves in this counter
SBIN - Ichimoku Bullish BreakoutStock Name - State Bank Of India
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP
and more bullishness will be visible once it's cross the key psychological Level of 500.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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#SBIN Long (13 Apr)SBIN Long (13 Apr)
Breakout & retest
Buy at CMP-515
SL- 498
Target- 549, 576
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Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
State Bank of India (SBIN) - Worth a watch near breakout level!Aggressive traders can initiate positions between 500-524.
Ideal is to wait for price to breach the level of 532.
The price may find immediate support at 495 if it fails to sustain upward momentum.
Price range between 456 and 436 acts as strong support zone.
The price is above the key moving averages of 50, 100 and 200. During the fall the price found support near the 200ema and bounced back from those level.
Note: Always keep a stop loss to manage your risk. Not a buy/sell recommendation, but a personal analysis.
Read my previous analysis on SBI here:
Break Out Trade in State Bank of IndiaDate : 2-Apr-2022
Rating : Buy
LTP : Rs. 508.20
Target: Rs. 550 and More (will update target based on future price actions)
SL : 470
SBI has given a break out from its secondary down trend within its primary up trend. It has also broke its near term resistance level of 500 which it was trying since last 11 sessions. EMA cross over was done on 1-Apr. MACD cross over was already done and now its giving bullish signals. RSI is in buy zone and has shown positive convergence.
Disclaimer : Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
State Bank of India #SBIN unable to sustain above 500 & closed as a Bearish Hammer.
What's next?
600 or 400
Long-only If close above 502 for target 600 otherwise wait for 460 or 400 for re-analysis.
STATE BANK OF INDIA : What should be the strategy? Technically!Immediate Support at 506
Currently SBI has given a rally since its recent drop to 442 mark.
If you bought at 450 levels can book profit today and enter short position for a garget of 470-464 with a stop loss of 506.
Sell Today
SL 506
TGT 470-464-458
STATE BANK OF INDIA Daily Chart Analysis 08.12.2021STATE BANK OF INDIA as per Daily chart analysis after completion of a Triangle Patttern. The stock was in brief consolidation on the daily chart. Today the Stock has broken the consolidation zone. Stock Monthly and weekly Candle is bullish. Above 492 level for Target 501 Level.
State Bank of India (SBIN): What to do in times of correction...Currently State Bank of India (SBIN) is under pressure and its price action points to a correction, and its 50 day EMA was breached at 486.
Price violation below the trendline around 466 would create downward pressure. And the stock might test 456 and 438, which are 100 and 150 day EMA respectively, if weakness in the stock persists. However, these levels can also act as turning point, supported by chart structure, indicators and technical analysis.
RSI has broken the level of 60, so need to watch.
Relative Strength is still positive and above zero line. Would be cautious if it slips below the zero line.
However, amidst the current scenario, I am bullish on this stock in the long term and think this correction would make the stock attractive. But please also keep in mind the trajectory and the technical parameters of the stock and make an informed decision based on it.
State Bank of India Price Movement Analysis for 8 November 2021Hello my name is Shubham, I am sharing my view about State bank of India for November 8 2021.
I have marked some price points where price can move, particularly in that area of price. Thankyou & Hope you like this analysis. see you soon
Bullish Wedge BreakoutNSE:SBIN
Learn and Earn .
SBIN will correct upto 485 levels.
Strong Q2 Results will push SBIN to new highs.
@akashkharade03
Symmetrical Triangle Pattern in SBINSymmetrical Triangle Pattern in SBIN. Traders Keep watching for opportunities on breakout or breakdown.
STATE BANK OF INDIA State Bank of India Channel Breakout
SBI was moving between a channel with a support of ₹ 145 and resistance of ₹ 352 since May 2009. In April this year it gave a upper breakout which triggered buying signal in SBI.
state bank of india harmonic analysisIt is moving according to harmonic pattern and now as you can see i have shown two possibilities with arrows.
Stock may first fall till point C then all the way up till point d as shown with green arrow.
Possibility two: If candle closes directly above red trendline as shown with orange arrow, then it can directly hit point D at 459.
good luck and be patient
trade at your own risk
