Sbi life has good support at 820 & Resistance 998 RsSbi life is moving from his first support 771& then 2nd support 820 with high volume
--Target = 998
--Expected Holding = 1 week
SBILIFE trade ideas
SBI LIFEIt appears to have completed its pullback and is now attempting to break above its slanting trendline. Short term resistance at 930, above that medium term targets 975 & 1025. Short term view negates below 885.
SBI INSURANCE LONG TERM POSITIONTarget 1200+
Stop loss 860
Life time break out in chart 1113
Insurance industries long term sentiment is strong and positive
SBI Life-Triangle BreakoutTriangle Breakout on weekly chart for SBI Life. Great stock. Can rally hard upto 1500-2000 if can be held for a 1-2 years
SBILIFE getting ready for new highsSBILIFE is lookinng good on charts. Once sustains above 940-950 zone, it should pick momentum. 840-860 is very good demand zone now.
SBI Life - Resistance Breakout - ViewSBI Life :
Resistance Breakout Possibility
Long above 935 with a SL 920
SBI life for long (Only for educational purpose)A double bottom like pattern is observed. Can be considered for long position after breakout and 20-50 ema cross over.
SBILIFE TL breakout NSE:SBILIFE Levels already mentioned.. Look for intraday to Swing..
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SBI LIFE | Trendline Breakout 🎯-- Buy above=888 or CMP
--Target = 920
--Stop-loss = 873
--R:R =2.07
--lot size = 750
--Expected Profit = 23,000 ( 3.56% )
--Expected Holding = 1 week
Swing Trading setup in 30 min TF
look and go for buy-sell opportunityif it crosses the support line then go for buy, else if moves down sell first
Elliot wave Analysis # SBI LIFE Bearish Sequence
SBI LIFE INSURANCE
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SBILIFE trading near support zoneSBILIFE has been trading near the support zone and 200 daily EMA levels as well. It has taken support and resisted 200 EMA levels multiple times; with the closing candle is bullish for the day, we can expect a good up move from current levels.
Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing.
Happy Trading.
