Statebankofindia
SBI / Alternative LookHare Krishna !,
Showcasing some technical confluences for a possible alternative outlook.
A break an close above the channel will open doors to 315
All in the chart.
Good Luck
"SBI" Buy @ 269.80Looking to Buy SBIN @ 269.80
SL @ 260
TGT 1 @ 278
TGT 2 @ 290.
This is a purely counter trend trade and is slightly more risky than usual.
I am going to take a very small risk on this one.
HARIBOl !
SBIN - SHORT PositionTarget based on trend Line.
SBIN not gonna settle at Support 1 because volume is so high and SBIN also reached below RSI30.
It means Selling pressure is still HIGH.
Gonna Touch Trend Line in next 2 Weeks.
Target can be seen on Chart.
Any Help will be appreciated.
SBIN | Bears gaining strength - Important supports under threat Completing a brief pull back for prior fall, SBIN appears to have resumed bear trend. Previous low at 354 is taken down with a strong momentum; advantage bears. With over all market in risk off mood a recovery anytime is less likely, which means we could see further fall from current levels.
Support levels are seen at 348, 342 (Fib level) and 336.
(Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
SBIN break the descending triangle to the upper side.SBIN almost achieve the target of descending triangle.
Thank you
earnology
HDFC 15M INTRADAY CHARTTHE INFORMATION IN MY IDEAS IS PROVIDE FOR EDUCATIONAL OR INFORMATION PERPOSES ONLY.
THIS IS NOT FINANCIAL ADVICE.
ENJOY SOME PROFITS
MAKE SURE TO HIT THE LIKE/SUPPORT FOR MORE
THANKS A LOT
WISE YOU SUCCESS
SBI Fibo and Single Support line on a daily TFNSE:SBIN
FIb levels clearly being followed and a multi year support being in place to make trades easier
TILL EXPIRY || SBIN OPTIONS TRADEWith the weekly candle that was made by SBIN it is indicating that for the coming week It might not breach 307.5 and hence any rise should be used to sell with a breach of 295 levels a possibility.
So :
1.) Sell 305 CE on rise,
2.) Sell 310 CE on rise.
3.) Sell SBIN futures on rise with SL of 307.5 and targets of 294.5/ 292.5. Adjust entry price as per Risk-Reward.
sbin - moving above support zone - go long if crosses 272rsi crossed above 30
crosses above strong support zone
to confirm long position wait for the stock to cross above 272
T1 - 287
T2 - 295
SL - 262
SBI , STATEBANK OF INDIA , Support Area
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