Get started

Statebankofindia

SBIN State Bank of IndiaI have been following charts which are moving from low to high. The ones which already went up and then coming down, are not the ones performing bullishly atleast in the pandemic times. SBIN was one of the stock chart which was going from a low to high level. I am bullish on SBIN not because of the move today, I have been following this one for a while. 560 to 600 looks like a good movement for SBIN in coming days. *This is only a chart pattern analysis and not a buying recommendation. Please consult a registered stock market expert before trading / investing your hard earned money.
NSE:SBINLong
by DoublebassmaniawithPranav
#SBI trending up &could breakout from resistnce#statebankofindia #SBI Any Breakout from previous resistance of 464 for SBI and a green close about it could indicate good moves upside and may be the time for going for a long entry on this stock. trending on a parallel channel with Momentum and trend indicators indicating bullishness on short ,medium and long term Channel breach or entry candle low at resistance breakout zone r Fib 23 could be swing trade stop loss. if bank nifty index breakout from the all time high then SBI would also do same and trail stop loss if that happens.
NSE:SBINLong
by seekedgetrade
STATE BANK OF INDIA (SBIN) Important trendlines/R/SSYMBOL: SBIN 1. Bullish market structure 2. TRENDLINE SHOWN ON ABOVE CHART GO FOR SMALLER TF. 3. Trendline breakout Heading For R1: ~437+ 4. Good Market Sentiment and Recent News 5. Support & Resistance zone: 433 to 437 6. Target: Short term: 437+ Mid-Term: 442+ Long-Term:450+ 7. IF BREAKS THE TRENDLINE THE TARGET WILL BE AS FOLLOW : 427 / 423 / 419 These PRICE can be +-1/2 RS As Charts are not always so clean 8. You can go to smaller time frame for more details. Disclaimer: we are not SEBI registered, this is only for education purpose so please take advise from your financial advisor, invest at your own risk.
NSE:SBIN
by stocknocks
SBI- Possible Short Trade Setup in ProgressionSBI seem to be forming a Head and Shoulder pattern in the shorter time frame chart. The pattern to be completed needs the price to test the neck line placed near 420-418 levels and break below. The immediate targets for the set up, if it realizes can be 406/393. The stop loss needs to be placed above 436, which is slightly above the most recent high made intraday (June 11). Possible trades from the set up 1. Aggressive traders may consider shorting the stock/Futures on any up move towards 433-435 levels, keeping a stop loss at 436.2. 2. Those willing to risk about 7000 to 8000 and wait for approximately 40 days may consider buying the 420 PE July series, currently priced at 15.75 (closing price as on June 11). If the trade materialises the option should be worth around 24 near final target . Square off the option at market if the price closes above the stop loss mentioned in daily chart. 3. Those who wish to carry overnight position and look to hedge can short the July Futures intraday when the spot price is near 433-435 range and hold the position as long as the spot price do not breach the stop loss mentioned. If the trade is in our favor, towards closing buy 430 CE July series and convert the intraday Futures position to overnight. This can offer some hedge and also will allow you to carry the trade overnight with a small margin. Note: I am not a SEBI registered analyst The information given is only for educational purposes.
NSE:SBINShort
by binuppaul
4