It 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...
Hello, This is my Technical Analysis for State Bank of India (SBIN). According to my analysis the price will go up. We should take entry at 462 The 1st target should be at 451 The 2nd target should be at 440 Stop Loss at 468 Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we don't...
NSE:SBIN Stock is in an uptrend and from 2020 May RSI never came below 30 which shows stock strength. As per my analysis, If you wish to sell do it if the stock crosses the trend line, in the case of buying buy above supply zone. Do your own analysis before proceeding, It's for educational purposes only.
I 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...
I'm looking for shortime buys for longterm Sell in SBIN
#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...
Keep a watch on RSI and MACD levels, and as long as the price sustains above white trend resistance, upside movement is expected. It will also confirm a Double Bottom pattern which can alleviate price to good upside levels.
As per Analysis Sbin gave a false breakdown move and brokeout at top in 15 mins candle... Hoping to see a good pullback for taking entry.. Comment your thoughts whether i am right or wrong..
The stock has broke out with good volume on 3rd August and has respected the previous resistance as a new support. One can enter with a risk reward of 1:1 initially and trail the stop loss accordingly. The possible stop loss can be at the low of the Morning star formation on daily chart on the days 30thJuly,2nd & 3rd Aug.
SBIN is making trendline toward upside but there is strong resistance 432.5 . As you see in the chart, Share unable to break the resistance level so many times.. . So if its break tomorrow and day after tomorrow we can see the good upward momentum. . Our Target is 442 . What's your view on this comment below in the box.
SYMBOL: 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 ...
SBI 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...
On trendline breakout, go long Good Support at levels of 419 20 ema support also taken Target 1 - 437
SBI swing trade idea, my predictions are that it will make a new 52 weeks high but if you are a risk-averse trader exit on resistance ie target price mentioned in the chart, and if you are willing to take more risk wait for 200 days ema to cross above 50 days ema/50 days ema to close below 200 days Ema. I have shared this idea for learning purposes only take the...
Pinbar at such resistance lvls tells a good story for future, keep this stock in mind :) Happy trading to u all !! For now, those in trade be in it and those who want to take a good entry should wait for a good bullish pattern to go forward from here .. seems super bullish tho.
best price will be if it comes near lowest trendline target for long will be 391
long when candle closes above trendline for target 414 goo lduck
Today will be ended in Green for STATE BANK OF INDIA (SBIN)