SELL Entry in SBILIFE-Weekly time frame trendine rejection
-Daily time frame RSI divergence
-1 Hr time frame trendline support tested multiple times
-Short entry after break of the trendline.
SBILIFE trade ideas
SBI LifeThe gap up due to results have been held nicely till now shows its a very good support and is breaking out of the recent consolidation definitely a positive for the stock
Focus on SBI LifeSBI LIfe ~After a huge gap up and this stock was traded in a rising channel (Can be considered as bullish flag)
GO Long once opened above 1335.
If opened below the resistance line, then it will travel in between the channel. Once breaks the resistance above, bull run will be there for sure.
Targets given
SBILIFEvolume profile showing at area of value to buy
RSI is at 27 a good chance of reversal
In daily candle bears are not able to take price lower.
Only for educational purpose..
SBILIFE - 13% LongSBILIFE took support @1260 and it gave a breakout after one year of consolidation. And also retested the support zone. It's on the way till 1500. 13% up.
Following the channel pattern since inception.
- Golden Crossover in daily TF.
SBI Life fib levels for swing trade (Learning purpose)* For best results, always let the hourly candle close above the entry point.
* 2 rupees minus the 3rd target is safe to book profit as the 3rd target would always face selling pressure.
* If the price makes it to a comfortable hourly close above third target, we can aim for the 4th target as well.
* We may also trail our stoploss while the price moves forward to secure our capital and profits.
SBILIFE consolidating near high for an upswingAfter a long consolidation, SBIlife looks likely to break its ATH and continue on its upward journey, with a very small SL one can go long.
SBILIFE :- Positional Trade !!!Logic :- Price gave a breakout of multiple
resistance level. Have good momentum
on up side. Also have good trend
strength.
Buy Price :- 1308-1310
Stoploss :- 1280
Target :- (1)1370
(2)1470
Thank you😃....
Disclaimer :- Whatever we tell is only for the
education purpose. Please do your
own research before trading and
investing.
Stock looks bullish and is expected to breakout soon.A breakout is high likely in the coming days/month.Will accumulate on every fall for a target above previous highs
SBI life Short trade (Intraday)SBI Life at a support level, you can go short once it breaks the support level. ⚠️ Enter after the close-in of 15min candle. The volume of the breakout/breakdown candle should be good enough.(/or the breakout candle should be strong). Target1 : 1230Rs/ 1% of the Stock Target2 : 1200Rs . Place Stop-loss logically // Ignore if the stock opens gap-up or gap-down. // Trade with your own risk // Trail your stop-loss once it reaches 50% of the target//
SBI LifeSBI Life is at its all-time high, with solid candle and volume any pullback is buying opportunity, 1300 is a Do or Die level
SBILIFE#Watchlist
#SBILIFE (W):- CMP 1294 Looks Good above 1300 For More Upsides :)
Trading volume tends to drop off the longer congestion lasts. This is not always the case but is the general tendency. Volume tends to pick up when the congestion ends. The congestion is over when there is a breakout, typically on larger-than-recent volume, and the price moves outside the congestion range.
During a congestion period, the price will move between support and resistance. When the price breaks above resistance or below support, it indicates that the buyers or sellers have overpowered the other side, respectively.
Some investors will enter during congestion, assuming that the stock price will continue to rise after the congestion ends. This is more likely to be the case if the price was in an uptrend leading into the congestion period.
Other traders may wait for the price to break out of the congestion before entering a trade. For example, they may buy if the price moves out of the congestion price range on high volume.
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
SBI LIFE Daily chart AnalysisPossible Symmetrical Pattern Breakout in Daily time frame of SBI LIFE. If price closes above 1150, we can expect upside rally of nearly 10% in coming days. Ideal stop loss would be 1100 with risk reward of 2.5
Do your own analysis before making any financial decision. NSE:SBILIFE
Bullish Breakout
sbilife seems bullish breakout in triangle pattern
buy above - 1159
Target - 1217
stop loss - 1148
SBILIFE Cup & Handle !!NSE:SBILIFE
#NSE:SBILIFE formed beautiful cupandhandle pattern.
Chances for a small pull back and bounce or gapup as the BO retest done with high volume.
Safe players can wait for the 1200 level and risky may check today support levels.
SBI LIFE Ichimoku Bullish Breakout Stock Name - SBI LIFEINSURANCE LTD
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP
and more bullishness will be visible after it cross 662
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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SBI LIFE INSURANCE SHORT THIS STOCKIt might drag a little more to the upside but you should look to short this stock because this whole move is corrective wave wrt to previous move. look for candle close on 4h or Daily to short.
SBI LIFENSE:SBILIFE
One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
Close should be good, and Clean.
R:R ratio should be 1 :2 .
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
SBILIFE - Ready to Take OffFocus on SBILIFE, as it broke out the resistance and formed a kind of rounding bottom.. Trading with huge delivery percentage conpared to last few sessions, can be a jackpot if traded above 1147..
Remember, go long if traded above 1147, targets given
SBILIFE - 12th July 2022Stock approaching resistance zone 200 - 192.
Bears will try to push prices lower from here. Bulls may attempt at profit booking
