Buy SBI LIFEFinally Breakout for SBBI LIFE
strict stop loss 999-1000 because volumes haven't increased.
can expect good rally if price stays above 1000
Happy Trading
SBILIFE trade ideas
SBILIFE LONGSBI Life -
Trendline Analysis - Trading at Support. Should go for LONG
Harmonic Pattern - Formed Bearish BAT pattern and retraced 61.8%. Bounced back indicating done with reversal.
Can go long with SL 966 for TGT new life time high on the table and short term target as 1006.
SBI LIFE INSURANCE ANALYSISLET THE UPPER TREND LINE BE BROKEN ON CLOSING BASIS TARGET FOR SHORT IS GIVEN IF IT DOES NOT BREAK UPPER LINE TARGET IS THE GAP WHICH MAY BE FILLED UPSIDE AND GAP IS HUGE RESISTANCE ALSO GOOD LUCK
NOTE: TRADE AT YOUR OWN RISK
Sbi Life InsuranceBuy above 1008 with the stop loss of 1000. Targets are 1016, 1024 and 1035.
Sell below 995 with the stop loss of 1003. Targets are 987,979 and 970.
Prepared for Profit Booking- If you are holding any of the above two giants, so let me me inform you that I think profit booking has started.
- RSI and MACD are supporting the above view and showing the signs of temporary reversal.
- RSI has formed negative divergence on daily time-frame.
- Time to exit for a time being, but as I said these are giants and if you are immune to such petty slips, continue to hold it as they have a lot to offer.
sbilife good fundamentals.
long-run has good growth.
good to enter below 900 to 840 in between.
it will be doubled in two years
SBILIFE1) Higher time frame 1D chart at triangle formed bearish marubozu
2) Lower time 1H chart broken triangle lower side
3) as 800 psychological number wait to break level
4) look for bearish signs in red zone target 780
SBILifeInsurance - learning chartTGT - 856/880
STOP: 805 CB
RSI Resistance: Around 66
Crossed 20 SMA and RSI > 50
Positive Ichimoku,CMF
SBI LIFE - INSURE TO 760??ANOTHER INSURANCE COMPANY AGAIN AT NECK LINE.
THIS ONE IS READY TO GO UP TO 764. TRADE ABOVE 730 LVLS.
SEE THE MONEY ENTERED IN THE CHANNEL ZONE.
AGAIN 45% - 50% DELIVERIES FOR THE LAST FEW DAYS.
DEL STATS : 5 D - 35L; 10 D - 21L AND 30 D - 11L.
SBILIFE - 4H - Bearish Deep Crab - 4H TFBearish Deep Crab pattern on 4H Chart of SBILIFE. SELL 723-724, SL 727.1, Target(s) - 719, 716.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Break out Idea for SBI LIFE .SBI Life , the Stock is continuously gaining good Buy volume and also good consumer response on the product
Stock should the moving up
TP 776
SL 680
SBiLife : Positional LongSBILIFE Given a strong breakout abv a major resistance of 630 if sustains look for long side opportunity.
Entry : 620 <=> 630
Stoploss : 5% (Closing Basis)
Basic Target: 10%
if you have any queries regarding above idea or any other stock feel free to D'M
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Note : Trading in any financial market is very risky. We post ideas for educational purpose only.
It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
SBILIFEStock already entered and sustained within its new trading range and will trade towards downside.
Sell Below 639 target = 633, 630. SL = 630
#Illuminati
