SBILIFE trade ideas
intraday 4% move left in sbilife before the 25% moveAs we can see in the charts there is a downside move of 4% left in SBI life and there is an imbalance present in the level of 1500 from which we can expect a bounce back leading to all-time highs and if the highest break then we can see a level of 49% in this stock
SBI life insurance - at crucial level Hello 👋
* Currently stock in selling pressure ; but in higher TF it's in uptrend. ( Trend will be changed below 1490 pivot )
* As per financial aspect stock is in strong hands. ( Promoter + FIIs )
Also profit increased Q - Q & Y - Y
* Have marked support on the chart as price can be reversed with taking support of these zones... 1270 will be make or break level..but it's very far away from CMP.
* Currently in weekly TF & monthly TF price trading in channel & it's making higher highs & higher lows.
* Also have marked resistance zones on chart ... If price hold 1600 level then it can be a trend reversal.
* Currently in daily TF rsi is at oversold territory & making bullish diversion..but in weekly TF rsi just crossed 40 (negative)
It's my view plz DYOA. No buy or sell recommendation 🙏
Please boost my idea if you find it useful 😉
Thank you 😊
SBI Life cmp 1589.85 by Daily Chart views*SBI Life cmp 1589.85 by Daily Chart views*
- Support Zone 1566 to 1593 Price Band
- Stock Price testing retesting Support Zone since 28-October-2024
- Volumes stable since 28-October-2024 indicates probable accumulation
- Support at 1530 > 1470 > 1390 with the Resistance at 1645 > 1710 >1780
SBILIFE Trading Within Demand Zone of ₹1696-₹1666.75SBILIFE is currently trading at ₹1704.15, placing it inside the demand zone of ₹1696-₹1666.75. With this zone having been tested before, there is evidence of strong buying interest. Investors may want to observe for potential bullish trends as the stock remains within this significant area.
buy Sbilifeit has formed bullish bat harmonic pattern. it may rise till 0.38%-0.61% of point CD. view negated below 1670 closing basis
Long SBILIFE; Looking strong on charts; Target 2375 Long on SBILIFE, created FVG on multiple timeframes and looking to fill and revert from it. Target of 2375 in short term.
Pullback trade SBI Life Insurance Co. Ltd. The stock is in a well-defined uptrend, consistently forming higher highs and higher lows, with support from the 21-day EMA, which is currently at ₹1,834.52. The price has seen a minor pullback of 1.39%, settling around ₹1,849.95, which could be an ideal entry point before a potential bounce. The RSI is at 56.84, indicating neutral momentum, leaving room for upward movement. The stock appears to be trading within an ascending channel, with immediate resistance near ₹1,870. A breakout above this could propel the stock toward the ₹1,900–₹2,000 range. A stop-loss should be placed below ₹1,800 to manage downside risk effectively.
Bullish flag in SBILIFESBILIFE has the possibility of going till 1930 level; it has a bullish flag pattern.
SBI Life Strong Multi-Year Breakout Key Retest in Progress✅ The stock has recently broken out above a 7-year-old strong resistance level, which has acted as a major barrier since 2017. Breaking this long-standing resistance indicates a significant bullish development, suggesting further upside potential.
✅ After the breakout, the stock is currently retesting the previous resistance level around 1,690 This retest is crucial; if the stock successfully holds above this level and rebounds, it would confirm the breakout and likely lead to a continuation of the upward trend.
✅ The RSI is currently at 68, approaching the overbought zone. If the RSI moves higher into the 70+ range, it would confirm strong bullish momentum, supporting further gains in the stock. Watch for any bearish divergence signals that could indicate overextension.
SBI LIFE - Buy for Swing TradingSBI Life is forming a channel pattern.
You can buy it for a swing trading.
SBI LIFE on chart i see its being consolidating since 4 days and inside One candle a break out or break down can lead to good blastive move, wait for breakout or breakdown else if Open equals low can go for long or if open equals high can go for short. Just a view not a Reco...
SBILIFE LongDate : 09-06-2024
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SWING RESEARCH TO OBSERVE
SBILIFE Looks Good ABOVE 1460
SL 1320
Target 1490, 1520, 1557, 1587, 1617, 1647, 1677, 1786
Hold few weeks
Please consult your financial advisor before investing
All research for educational purposes only.
SBILIFE# Entry1580 Stop#1488 Target#1829Indian Insurance market going to performe well every people of india now a days having their interest on Insurance, Sbi Insurance is also one of them who provide good Insurance plans in every sector, Technically chart looks well Investment through SIP, must be the plan for that stock.
SBILIFE 1HR INTRADAY / SWING TRADE
- EARN WITH ME DAILY 10K-20K –
SBILIFE Looking good for Downside..
When it break level 1555 and sustain.. it will go Downside...
SELL @ 1555
Target
1st 1544
2ND 1537
FUTURE AND OPTION
SBILIFE JUL FUT – LOT 10 (Qty-3750)
SBILIFE JUL 1600 PE – LOT 10 (Qty-3750) – PRICE (54.20)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
SBI LIFESbi life
Stock after long consolidation
Ready for ATH Breakout abv 1570
Next target 1620-1630
SBILIFE Insurance in uptrendEntry above 1540, more quantity can be added after 1580
SL - Below 1460
T1 - 1700
T2 - 1800
Amazing breakout on Weekly / Daily Timeframe - SBILIFECheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level. THIS STOCK ALREADY CLOSED ABOVE THE BREAKOUT LEVEL LAST WEEK. RIGHT TIME TO INVEST.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
SBI Long setup*Swing Trade*
Buy SBI Life between 1495-1505
SL 1450
Target 1: 1570
Target 2: 1600
Duration 1-2 weeks
50Rs SL per quantity trade as per your risk rewards capacity.
Bullish Flag pattern breakout in SBILIFESBI LIFE INSURANCE COMPANY LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1651+.
✅Can Go Long in this Stock by placing a stop loss below 1431-.
SBILIFE retesting after breakoutSBI Life is resting on the trendline resistance after the breakout. Its consolidating in flag n pole pattern(not accurate). It can show targets of 1550+ with SL 1420
SBI life buy on dip we will see big upside movement in swing Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SBI LIfe SBI LIFE Hold 1 to 3 Month
First Target A to C Range, 2nd Target 1:5
(SL Day candle close only, Target Trigger Price)
