SBI Elliot wave long termSBIN Elliot wave analysis
Right now price is about to complete wave 3 and will have long consolidation period before embark on in wave 5 for target price of 800
SBIN trade ideas
SBI Bull Flag BreakoutSBI has broken out of its bullish flag consolidation zone on the weekly chart. This is also a breakout away from the 1.618 Fib zone. We expect bullish push in the stock in the coming weeks with 670 as the measured move as well as next Fib zone target.
STATEBANK OF INDIA bullish . Target 609STATE BANK OF INDIA monthly and weekly closing is good. Will cross an all-time high. Target 609
SBIN AnalysisThe chart of the State Bank of India is making higher highs and higher lows for a year now and recently we can observe an inverted head and shoulders pattern, yet closing above Rs 537.55 with good volumes will give a potential buy chance for swing position. Recently we have seen a rally in PSU banks like CAN Bank, BOB Bank, PNB Bank thus this also becomes a potential buy situation. This information is for learning purposes, do share your thoughts.
Stocks Algo for nifty 100 , tomorrow stocks selection (28-01-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have selected four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
Perfect Cup & Handle pattern formation on SBIIt's a perfect cup & handle formation as per William O'Neil's definition.
Here I have taken a weekly chart and tried to simplify the formation. The explanations are marked in the chart.
Also, keep in mind the overall trend of the stock, here it should be in upward trend :-)
Ideal buy point is near the handle pivot.
Always keep a strict stop loss of 5-8%.
For educational purpose and learning
Super Swing Indicator & Stock AnalysisHow I use the Super Swing Indicator to Analyze Trades and get profits
Buy SBIN at 529.65 for a target of 575, DurationThe trend resistance on weekly chart and other technical parameters indicates a target of 575 in a week duration
SBI at BO levelSBI bank share at BO level. Again resistance level is testing. Can trade above 532 with SL 520 for the next expected target of 550-560. RSI also forms +ve divergence. This is for your educational purpose only.
SBIN LOOKS STRONG BUY 516-517.50 TARGET 540 SL 500-DKM SIR
I can see the upmove from here
buy as per your risk
SBI BANK | NEO WAVE FORECASTHi
This is our weekly forecast, in this we are updating our weekly neowave view for bank nifty and 8 stocks. If anything changes in the count we will update you next week
if you have any query, than write in comment box.
Thank you.
Sbin may go bullishSBIN is near its support of 502 and is respecting it.
On 4 hour time frame, the stock has give a doji and a hammer candle.
Once an hourly candle closes above 505, it can go upto a level of 515-518.
Wait for the levels to be sustain. 1-2% upside move will be there.
2022 BUDGET RunnerThe past two years have been no less than a roller coaster ride for many industries. The banking industry is considered as backbone of any economy. The asset quality and profitability of banks are mostly impacted by the pandemic. However, enhanced spending on infrastructure, speedy implementation of projects, improved access to banking system, etc. are expected to provide impetus to growth in the banking sector.
SBI bank 21 jan 2021SBIN NSE:SBIN
SBI Analysis and given level.
It is making a bear flag pattern in 15 min chart.
trade above 512 and make upper target
or
Short below 510 and take down targets
Trade accordingly and make sure of STOPLOSS.
THANK YOU
HAPPY TRADING
Stocks Algo for nifty 100 , tomorrow stocks selection (20-01-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have selected four stocks for tomorrow market based on Analysis.
Regards
Kirit Chavda
my view on state bank of india i can see a double top patern in state bank of india and when for confirmation i cheked my double screen decision i got a bearish signal when at last i cheked the elliot wave i got to know that it is in wave C targets for the same are -
(1) 509.80
(2)491.10
#Sbin cash : Support at 500 with tgt 548-550#Sbin cash -Posiitonal call
19 Jan 2022
Buy near 503-511
stoploss 485
Tgt 548-550/600
Cmp 515.80
Buy at 519.2 TGT 525 sell below 512 TGT 505Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Long on SBINSBIN closes above the rectangle box.
Buy SBIN once it crosses 515.5 in 15 minute time frame.
Target 530
Stop loss 508
SBI trend change, bullish baisSBI trend change, bullish bais.
Crossed last lower low, Possibility to touch ATH
