SBID trade ideas
short term trade, seeking any opinionTrade pattern, hoping it will hit the previous peak. I'm new here any thoughts will be helpful
State Bank of India (SBIN) - Worth a watch near breakout level!Aggressive traders can initiate positions between 500-524.
Ideal is to wait for price to breach the level of 532.
The price may find immediate support at 495 if it fails to sustain upward momentum.
Price range between 456 and 436 acts as strong support zone.
The price is above the key moving averages of 50, 100 and 200. During the fall the price found support near the 200ema and bounced back from those level.
Note: Always keep a stop loss to manage your risk. Not a buy/sell recommendation, but a personal analysis.
Read my previous analysis on SBI here:
SBINAnalysis on SBIN clearly show the price closed above the 20 ema as per the oi data the call writers exited from from 470 levels upto 510 levels .hope we can see the 510 levels .
SBIN BO 17k/lot runningNSE:SBIN
#NSE:SBIN Cash 20 Points = 4%
SBIN APR 490 CE 11 Points
Wish all our subscribers enjoyed the level.
Happy LEarning !!
Do Like and share for more regular charts.
SBIN .....SBIN ..... no doubt in up trend , but needs to retrace and fill the lower island zone once to make all time high.
Break Out Trade in State Bank of IndiaDate : 2-Apr-2022
Rating : Buy
LTP : Rs. 508.20
Target: Rs. 550 and More (will update target based on future price actions)
SL : 470
SBI has given a break out from its secondary down trend within its primary up trend. It has also broke its near term resistance level of 500 which it was trying since last 11 sessions. EMA cross over was done on 1-Apr. MACD cross over was already done and now its giving bullish signals. RSI is in buy zone and has shown positive convergence.
Disclaimer : Investing in stock market is risky and one should do a self analysis and validation before investing in stock market.
sbin state bank of india have come out of resistance zone, we will plan to enter with sl below 490 for target of 540
SBIN to 720NSE:SBIN earlier i posted an idea of SBIN to Rs500,
Now after a retracement here again around Rs500 updating target to 722.
Bank Nifty is Bullish hence the banks will rally.
Intraday setupSee the chart and prepare your own trade
Keep strict sl
Risk reward should be more than 1:2
Maximum trades 2-3 per day
Don’t take revenge trades
Disclaimer: iam not sebi registered I and iam not responsible for any profit and loss
SBIN Descending Triangle !!NSE:SBIN
#NSE:SBIN formed beautiful descending triangle. BO may give good momentum.
Happy LEarning !!
Simple Trade Setup | SBIN | 29-03-2022 [INTRADAY]NSE:SBIN
Trade Setup for 29-03-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:SBIN Trendline BONSE:SBIN
#NSE:SBIN formed inside doji in Daily frame and beautiful trendline in 15mins frame.
Shared the potential levels according to my analysis, wish that helps.
Happy LEarning.
SBI Bank on bullishsbin bank Trading on sideways Trend Taking support and move towards 535 / 560 in upcoming days
NSE:SBIN reached 2 targets and bagged 2.5 %, 3rd target updated.NSE:SBIN
#NSE:SBIN noted good momentum and booked 2.5 % profits till now, 3rd level marked for practice.
Happy LEarning.
State Bank Of IndiaState Bank Of India ltd.
State Bank of India (SBI) is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra. SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020, being the only Indian bank on the list. It is a public sector bank and the largest bank in India with a 23% market share by assets and a 25% share of the total loan and deposits market. It is also the fifth largest employer in India with nearly 250,000 employees.
TECHNICAL ANALYSIS.
Time Frame - 1D
1. Supertrend become positive in today's session.
2. Positive crossover in alligator.
3. Stock trade in a specific range.
FUNDAMENTAL ANALYSIS.
SECTOR: Bank - Public
1. MARKET CAP - ₹ 4,39,760.23 Cr.
2. P/E - 15.16
3. P/B - 1.74
4. ROE - 9.31 %
5. ROCE - 6.49%
6. EPS - ₹ 32.51
7. CASA % - 45.40
DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice.
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SBIN AT RESISTANCE ZONE This idea is for those who is looking sbin for intraday this can be a top as this is a crucial resistance zone for intraday to watch on
long above this zone .
