SBIA trade ideas
Breakout in sbinSymetrical triangle breakout in sbin daily chart.
RSI is also bullish.
If it sustains above 487 , it can give a short term swing upto 520.
SBIN intraday IdeaSBIN has given a good breakout & run on daily timeframe, I expect some more points.
It has given an ascending triangle breakout on 15 min timeframe and also did the retest.
Buy above - 493
Targets mentioned in the chart above.
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STATE BANK OF INDIA : What should be the strategy? Technically!Immediate Support at 506
Currently SBI has given a rally since its recent drop to 442 mark.
If you bought at 450 levels can book profit today and enter short position for a garget of 470-464 with a stop loss of 506.
Sell Today
SL 506
TGT 470-464-458
Short SBI for the target of 448It looks like OK I will take traversal for double bottom of 448 or may be lower for 436
Major Banking Stocks ComparisonNow these Banks will decide the journey of Bank nifty
Note : i have not included Axis Bank here.
Breakout in SBIThe scrip has given breakout and price closed above trendline.
Can buy at CMP for easy tgt of Rs 500
Stocks Algo for nifty 100 , tomorrow stocks selectionDear Members,
I Hope today you have watch out Analysis..Refer attached chart for tomorrow(04-01-22) stocks level..
This indicator is use for stocks Algo in Nifty 100..as per out selection based on trend-line,support & resistance we have selected four stocks daily for Algo next day.
Regards
Kirit Chavda
sbi bank swing tradeonce above 490 , next resistance at 530 levels
price bounced back from 150sma
for education purposes only
SBINBank Nifty is Heading to 37200 , and further supported by SBIN and other players
can participate in the rally with SBIN
Over all chart is good and looks lucrative with all supportive Oscillators
Target : 491/ 520
SBIN | Use the Pull Back to Go Long!When it comes to SBIN, the stock is still in good uptrend. Last day market closed near 460 & likely to reach 464 soon. Though it is not a good idea to take the position right now since price is too far from previous support area and it is also expensive now. I think you might get a good pull back to get in. You could use the support area to get in when price falls. When market opens next day, if the price gaps down & break S1, make sure to go long from S2; which is a demand area. Once you are in, make sure to place the stop below the nearly support area.
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
daily chart of sbindaily chart of sbin
educational purpose only
trendline is being respected
CMP: 460.45
SL below 443.00
Nifty100 : - Stocks AlgoDear Members,
Are you busy with your daily routine work during market time and not able to do invest with low risk?
No worries, we are coming up with Algo Indicator in Stocks also.
Please gain and increase knowledge to do Algo in Equity stock also.
In this ALGO we have selected Nifty100 stock only. Daily we will select four stocks for next day trading as per technical analysis and trend line breakout. Risk: Reward ratio is 1 : 1 ( means 1000 loss and 1000 profit in one stock) also we have set trailing stop loss to reduce risk in trade. This is fully Algo for intraday trading.
You can select your own stocks base on your knowledge or as per your analysis.
Regards
Kirit Chavda
Breakdown in sbinA pennant breakdown occurs in an established downtrend in sbi.
Price is below 55 ema.
RSI is also bearish.
Volume is more Than twice on breakdown day.
If it is able to break low of yesterday, it can give us a short term swing upto 425 and stoploss is 465.
my view on state bank of india i am bearish on SBi because i can see a breakdown of head and shoulder pattern and also a setup known as ungali setup and the targets for the same are 445 & 432
SBIN BANK GOING FOR UP FOR 20 POINTS ITS GOING TO TOUCH OUR TREDtarget for next 15day BUY AT 453 LEVEL AND SELL AT 471 IN NEXT 15 TO 20 DAYS
Intraday opportunity in SBIHere we can trace flag breakdown. We can choose intraday for short term of target @ 455
Intraday Trade Logic in SBIN on 27 Dec 2021* For Learning Puropose Only | Trade On Your Own Risk , am not responsible for your profti or Loss *
Today Got levels in SBIN , as MArket was Buliish from morning after gapdown
Bearish Flag in SBI for short termAs we can see here SBI is consolidating in flag pattern. We can go for trade after flagbreakout..
