SBIN in Bullish momentum After a breakout from symmetrical pattern , SBIN is currently in bullish momentum and taking support at 622 rupee, good for swing trade as well as intraday.
SL __ 620 , minimum target 640.
SID trade ideas
#SBINA leading PSU bank stock, broken ATH. Stock retested its support and reversed, BO candle seen...Next TGT 676 which is GANN number.
READY TO JOIN THE PSU BANK PARTY (SBIN)Price is at All Time High
CMP: 625
Targets: 679
SL: 602 ( Very Short)
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell.
SBIN Long target 630looks like a triangle pattern formation for SBIN after some consolidation. All bank stocks are in sideways or bulling including SBIN. trade at your own risk
flag on sbinflag breakout on state bank of india
bullish continuation pattern
targets up to 720 to 730
SBIN : +4% Upside PotentialSBIN 13 Dec 2022
Stock is in a consolidation zone for the past week, likely BO from 619-620
Summary
CMP 615.80
A week of consolidation
Price compressed
Nice Big Bull candle at closing
Conclusion
Trade can be initiated for 1:3 Reward with stop below 609
Potential Swing Target 630/640/645
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
STATE BANK OF INDIA - DAY CHART - 12.12.2022 - BAHAVAN CAPITALSTATE BANK OF INDIA as per Day Chart Analysis have chances to move uptrend Stock ABOVE 620 TARGET 623.
As such Nifty is in Downtrend Mode up to 18325 to create fresh demand and Bank Nifty is in Uptrend Mode.
So trade carefully for this week.
Happy Profitable Trading to All...
SBIN - is the top in?Upmove with overlaps and frugal volumes suggestive of a topping formation.
Shooting star candle forming on daily
Option chain confirms the bearish view, we could be in for a pullback
SBIN FLAG&POLE breakoutSBIN broke out from a consolidation of nearly a month.
Trade with very less stop loss.
SL: 595
Target: 650
Risk reward: 1:2
Trail you stop loss.
If you find this helpful, please share it in comments.
Happy trading.
Take your own trades. I am not SEBI resistered.
Ready to breakoutSBIN is a great stock at this price. Nice consolidation in this state run bank. Easy 10% in the next 2 months. Maintain SL
SBIN - DAY CHART - 01.12.2022 - BAHAVAN CAPITAL STATE BANK OF INDIA posted 29.11.2022 Stock ABOVE 615 TARGET 620 and in few sessions TARGET will be HIT.
Happy Profitable Trading to All....
SBIN - DAY CHART - 28.11.2022 - BAHAVAN CAPITAL STATE BANK OF INDIA as per Day Chart Analysis ABOVE 615 TARGET 620.
Happy Profitable Trading to All...
SBIN: Impulsive Wave 5 has Already BegunSBI BANK has given a breakout of the 13-month-old Correction. RSI is above 65 , and the price trading above 200 EMA.
At present, SBIN has accomplished the corrective wave (4) and started forming an impulsive wave (5). Price has already crossed the 1.00 Fibonacci extension of waves (1) through (3), so our next target should be Fibonacci's extension of 1.618%.
Wave 4 was a choppy move as a triangle. As the price has crossed the 1.00 Fibonacci retracement, safe traders should wave for a pullback.
If the price sustains above 442 , traders can trade above the following targets: 555 - 566 - 575+ .
Invalidation: The 540 level was strong resistance, but now it is a crucial level. Failure of stability will deactivate this setup. Please note that we can't trade without proper risk management. The absence of risk management can wipe out your whole account.
I will update further information soon.
:)
SBIN nice trend following channel 660+ on cards?SBIN has been moving nicely between the channel, the upward target of the channel stands at 650+ but judging by the rally in PSU stocks SBIN can cool off a little and then resume its upward trajectory!
SBI GO FOR HIGHER TARGET🌟HOLD FOR LONG 🤑
SBI Quaterly Result also too good🌟
and, when sustain on this level for few days
we can confirm about thee long run with sbi🌟
SBIN Intraday LongSbin intra day long as it holds higher levels and looks good to buy with strict sl
BANKNIFTY banknifty down side move capture wait for sustan levels below
over all sentiment is beraish.
SBIN 1hour time frame swing trade Sbi make a ascending triangle and nearest breakout if breakout above 602 we take tAke a long position but breakout below 598 then we take a short trade
SBIN case studyCounter is trading in ascending parallel channel structure, few days ago on result day counter gave a gap up opening and now counter have filled the gap,, now closing below 593 would lead to reversal confirmation,
so sustaining below 593 on closing basis and follow through would lead to levels of 579 and 551
going a head,,
if not able to close below small bounce can be seen..
keep watch on levels for this counter
