SBI Life - Upmove with Target 858Looking at the current trend it looks like above 842 SBI life can hit 858 ( Positional pick )
News: It will be listed in NSE - Nifty from Sep 25
SBILIFE trade ideas
SbiLife Sbilife above 853 and 867 will lead to 884
SBILife above 915 can break its present 52 week high
Ho long with SBI lifeReason-
-Demand zone
-EMA 20 on weekly and monthly time frame
-Golden crossover on weekly time frame
-Do refer test levels marked and enjoy the rally
Watch Out SBILIFESBILIFE has been trading near the lower end of the channel pattern(Support level) and near the 61.8 Fib level as well as the Pivot levels. If prices can support this level, in the next few sessions, a potential up move is implied until the upper line of the channel(Resistance level).
Cheers! Feel free to share your view about this.
Happy Trading.
SBI LIFE bullish for intraday wait for the stock to come into the red zone to take support and keep SL below the red zone . targets can be the red dotted lines for upside
SBI life insurance to be taken for long entry.SBI life stock in side ways zone in some time. Now today we have seen bullish candles appeared in the charts above the support area. Also a curve pattern is forming which is again the bullish sign. RSI is also forming the PCD again the bullish sign. Long entry can be taken above the level of 865 after the clean BO of the TL as marked in the chart. Target we can set the level of 890 with the SL of 854. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Short sell for tomorrow SBI LifeSBI card is facing very high resistance level. In 5 mins candles bulls are becoming weak. Expect a downfall tomorrow.
SBILife, will it have life at the 820 Resistance?SBIlife has a previous resistance at 820 odd. Not it approaching the same level. Let's wait and see how it goes!!!
SBILIFE - Intraday Trading Setup for 7 Aug 2020Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade with the help of your financial advisor only.
SBILIFE#SBILIFE
BUY ABOVE 100EMA
SL 857
TARGET 887.80/ 899/ 907
SELL BELOW 855
SL 100EMA
TARGET 845/ 841/ 835
VIEW ON BIOCON GLENMARK M&M FINDISCLAIMER : I AM NOT A SEBI RESITERED ADVISOR SO TRADE ON YOUR RISK
BUT I HAVE GOOD EXPERIENCE IN STOCK MATKET FROM LAST 17 YEAR SO I AM JUST SHARING MY EXPERIENCE WITH YOU ALL
INVESTMENT IN STOCK MARKET IS SUBJECT TO MARKET RISK
Breakout in SBILIFE on Daily candle SBILIFE gave breakout on D candle and it is in retracement .
Consider taking long entry above 922. Min target @ 973 , sl @ 877
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
SBILIFE LOOKS ATTRACTIVE AT CURRENT LEVEL. SBILIFE ONE OF THE TECNOFUNDA STOCK I AM STILL HOLDING THIS STOCK IN MY PORTFOLIO. IF YOU GET A CHANCE BUY AND HOLD FOR MEDIUM AS WELL AS FOR LONG TERM.
TRADING ABOVE 200 MOVING AVERAGE
FUNDAMENTAL ALSO GOOD.
SBILIFESBILIFE looks to have broken above the rising wedge pattern & also a consolidation channel. Next significant resistance is around 960 followed by 1000. So the stock can be bought for target of 960 & 995 with a stop of 868.
