Sbilife breaking resistance trendline with good volume building up macd crossover seen #target 1620 only after breaking 1570 EDUCATIONAL IDEA
SBI life is one of the stock with good fundamentals and insurance sector has corrected from his high. We do see breakout at this stock, in past stock many times tested this level and get bounce back from this level. and again we do see stock is on the same level and intrest among the investors on this level. So we should expect small move of 2- 3% on this...
Looks like SBI Life will test 1580 if the previous high is broken, it might happen in 12-18 months
Good Formation At Support Trade with 1:2.5 risk to reward
1. Trend: Bullish 2. set up: double bottom reversal 3. RR: 1:5.5+ 4. SL less then 3%
SBI LIFE can give a good up move on intraday or swing basis ENTRY - 1497 STOPLOSS - 1484 TARGETS- 1520, 1544, 1575++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or traded it Thankyou
Reason for long a) Consolidation breakout b) super vwap breakout c) Weekly breakout d) Monthly breakout e) SL compulsory
Sbi life has given a breakout from 1333 level and now is going to retest that support a strong rebound is expected
sbi life box breakout look for tp of 1590 disclaimer : only for educational purpose
SBI LIFE 1350, witnessing classical inverted head and shoulder breakout on weekly charts. Target can be 1450 to 1520. invalid below 1280 on weekly closing basis. Entry should be above 1350 on weekly basis
SBI LIFE CMP 1485 Good near 1450 SL 1425 TARGET 1500-1550-1625+ Plz dont forget to Like/ Boost & Share this idea For more info - Plz visit my profile Rgds, Naresh G SEBI Reg.RA
#SbiLife cash -Posiitonal call 18.02.2024 Looks good around 1492-1500 Stoploss 1460 Target 1537-1540/1600/1700 Cmp 1508.45 & High 1516.20#S
Multiple times taken support of the trend line in the hourly chart, Heading towards resistance fifth time. Possible BO zone wait for BO
*Swing Trade* Buy SBI Life between 1495-1505 SL 1450 Target 1: 1570 Target 2: 1600 Duration 1-2 weeks 50Rs SL per quantity trade as per your risk rewards capacity.
Previous Long term resistance of 1380 has now become the support level for SBI LIFE. When a resistance turns into a support it adds more confidence to the upcoming trend. Currently we can see a breakout from a descending triangle pattern in the daily Time Frame. Currently a good HH and HL is observed in Daily Candles there fore we can expect further movement...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
higher tf structure is good, although this is a slow moving stock, but a good low risk entry with day's low as sl
The stock has been in an uptrend since its listing and has formed a series of higher highs moreover it has been following a proper parallel channel 1536 should be the immediate targets if this range is broken an elongated rally can be seen with targets till 2000 also the fundamentals of the company are amazing there has been rise in net profit by 15% yoy basis