Statebankofindia
STATE BANK OF INDIA trading near Supply ZONESBI trading just below its supply zone once its breaks 195 mark and sustain there then it might touch 220 mark.else it can fall.
Note: please use this analysis for education purpose only.
State bank daily chart analysisHi traders click share and make it mine in your chart try to understand
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wise you success
can we see 50? lets wait state bank is in range bond but break below 140 will be too dangerous for the stock.
take action accordingly
Time to buy SBIN?Falling wedge in SBIN and PSU index is also showing a falling wedge. Buy only above 165. Target 220-240
State Bank of India- Dangerously Interesting !The lower range that was in place for the stock from March 2020 post the lock down got taken out today (May 5). In the short term the stock can see further downside and could test 143-147 levels, if the price does not close above 186 on daily charts.
Trading Idea Short- SBI (State Bank of India)Trading in Symmetrical triangle pattern, Seems to be breakdown soon.
Sell SBI below 178
SL- 190
T- 160
SBI SHORT IDEALET DEMAND ZONE AS WELL AS YELLOW LINE BE BREACHED ON CLOSING BASIS TARGETS MARKED FOR SHORTS FINAL TARGET IS 290 WHICH IS GAP
NOTE: EVERYTHING ON CANDLE CLOSE BASE
Positional SBI Dear Traders,
After a formation of flag pole pattern in SBI, we are looking for the decent retracement level to 310 in SBIN. Strict stop on close above the channel.
Buy nearest PE option for hedging buy 325 CE and Short in Futures.
Thank You
Deepak
SBI RESULT IMPACT TRADEEVEN IF RESULTS ARE GOOD STOCK REMAINS VOLATILE IT MAY FILL THE GAP DOWN SIDE AND MAY RESUME UPTREND IT SHOULD REMAIN IN CHANNEL GOOD LUCK
