Will SBI touch 620? Keep watchConsolidating since last 2 weeks, above 580 good opportunity for swing trade. Target 620.
SBIN trade ideas
Sbin clear breakoutSbin after long cosnolidation
ready for breakout
big move abv 581
Psubank index breakout zone
SBIN - Bullish
SBIN Fully Bullish. But, don't be in haste. Let the level marked in the daily chart be crossed. All points are on closing basis.
Execution is in your hand. Be a man now and not a boy. Hold your nerves.
wait and watch till at least till 12.05.
Please watch my previous coverage on SBIN. Link Provided.
Let You grow, may I follow you.
SBIN IN 30 MIN TFIntraday levels for tommorow 01/09/23
SBIN breakdown H&D pattern in 30 min tf
Strong Above : 565
Weak Below : 560
This levels is just fo educational purpose.
SBI - More than BullishBuy only above white Line, which is high of previous swing. Yesterday's Volume more than 13M.
For execution please remember all the level which I mention here are only on closing basis i.e. at least 3 candles of 1H each should close above this level and use Williams %R, SMA, EMAs.
At present in 1H Chart 200SMA is above 100SMA.
I am not a SEBI Registered Analyst. It is just for educational purposes. Please consult your financial advisor before making any investment.
SBI, easy 17% from CMPState Bank of India is currently at a support level. I'm anticipating a target of 671 . Once this target is achieved, if there's a retracement to the support zone around 620 , I'll consider re-entry. Let's get ready to enjoy the rewards! 🌧️💰
a correction in impulse / correction in SBINElliott Wave Analysis
1) Impulse Wave:-
there is a chance of 3rd major wave ending and the 4th impulse wave is taking place.
after a fall we can accumulate.
2). Corrective Wave:- (complex correction)
A correction wave had completed and now the connecting wave X is forming may be the next wave can be a formation of Y or a complex correction.
STATE BANK OF INDIA Go shortSBIN go short if you see bearish candle and as per my plan wait for opportunity. Follow me.
😊😉
SBINSBIN
Buy above 582
SL below 565
Targets: 591/601/609/617/628 ++
++For educational purpose only++
SBI BUY ABVE 576 TGT 620Buy only above given level 2 back to back hammer on weekly chart show reversal and creation of demand zone.
Keeping a SL of 550.
SBIN - Buying pressure near 200EMAI think will have again buying pressure from 200 EMA ( 565 levels ) strong demand zone ( 555 to 565 levels)
But it kind of chart saying TOP OUT is near so any uptrend will have ...we have to EXIT or BOOK PROFIT
SBIN Daily looking bullishSBIN daily looking bullish, taking support from 200 ema, last swing low support.
Good to buy at 567 for target of 621 with sl below 554
*************************
This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position.
SBIN three rise method go longSBIN formed three rise setup and go long with SL of 565 very excellent setup with low SL follow Stritct SL
SBIBe watchful as SBI gave a good fall to enter at support and bounced back from there with a bullish harami candle but as we can see a hammer also so we need to be more vigilant before entering any trade. The content provided is for educational and informational purposes only.
sbin - buy for a bounceBuy < 572 upto 568
easy tg - 578
sl close below 568
Disclaimer : This is my personal analysis for study purpose not intended for trading.
Evening star in SBIN, can it take stock lower?SBIN has given a fall of 7% in this week after forming a double top pattern.
An evening star pattern has been formed on the weekly time frame and stock has closed below the 20 ema.
After trading around the ATH stock has given a nice fall and in the last trading session too it has given 3% fall.
Volume indicator also confirms the pattern as the volume of the red candle is higher than the doji candle formed previously.
A short trade can be initiated in the stock once it starts trading below today's week low. The stock can test 550 levels so as there are high chances of froming lower lows lower highs.
The stock may take a halt candle on the daily charts, as it has formed 4 red candle and is trading between both the moving averages.
If the stock retest higher levels before giving another bearish leg, sell positions can be created once there is a negative candle formation near golden ratio of fibonacci series.
Entry :- Below 571, On bearish candle around 600 levels.
Targets :-555, 505
Stop losses should be created on 1:2 or 1:3 basis.
Positional trades can be initiated in the stock as it may take time to test the levels. Next expiry future or options can be sold as August expiry option will take profit due to time decay.
Wait for the price action near the levels before entering the market.
