sbi life - parallel channelnear all-time high and forming parallel channel of retracement
for any query feel free to comment
SBILIFE trade ideas
#SBILIFE near to demand zone#SBILIFE update
#Investment in CASH for one year
Target -1292,1364,
SL-953
CMP:1178 @4 November 2021
Sharing only for learning
Trade on your research
SBILIFE SHORTI hope you can now see how Sbilife represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SBILIFE: BEARISH SEQUENCEStock is correcting in a three waves pattern ABC in which wave B has unfolded as a triangle. One should go short on current levels near 1160 , keepin SL of 1205 look for the target of 1100/1080-60
SBILIFE Trade SetupMy target and SL mentioned in the chart.
Entry above Black
SL Red
Target Green
If sustains above 1st target then 2nd target
just for educationSHORT IN CASE
BELOW 1130, FOR TARGET OF 1080, 1040, 980
LONG IN CASE
HERE, AT CMP 1175 FOR TARGET OF 1200, 1225 (IF CLOSE ABOVE 1225, THEN AGAIN LONG POSITION FOR TARGET 1275, 1300)
SL : 1130
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Sbilife Trade Setup For tomorrow (short)Sbilife is making a good price action a good downward momentum stock give the correction.
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Now stock is testing 1150 levels, so for tomorrow if stock goes below 1150 you can sell this trade.
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Target would be around 1125.
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What's your view on this comment below in the box.
Simply Line called imerging in price very soonNo extra tools, Simple. Tomorrow go for a long. Confirm
SbiLifeBuy above 1205, stop 1194, targets 1218, 1230 and 1244.
Sell below 1188, stop 1200, targets 1176, 1160 and 1148.
SBILIFE WEEKLY TRIANGLE BREAKOUTSBILIFE Tri BO on W'ly TF.....950 & 1220 may be tgs. Void on close > 850
PB : Just a reading shared here. No trade idea at all. Personally may be positioned.
Sbi Life-Channel formationSbi Life is following a channel pattern-support & Resistance in daily & hourly timeframe.
There are many options-
1. Swing trading - once its come to support line again and forms green candle go for swing with target top of trendline
2.Intraday trading- since it is also following this channel in hourly timeframe,you might go for intraday.
3. Watch out for break out- It has touched its resistance 5 times, we might expect breakout also.
SBILIFE - Could move higher once crosses 1180 SBILIFE - Once crosses 1180 with a buying session, stock could move higher further
sbi life if breakes 845 with heavy volume leads to up side movethis is sbi life on daily frame if moves above 845 (with heavy volume) leads to move up side
SBI Life Cmp 1193 dated 19.10.2021SBI Life Cmp 1193 dated 19.10.2021
1. Trendline support @ 1180.
Sell below 1180 for a tgt of 1150-1120-1100
SL 1205
It is just a view, pls trade at your own risk.
SBI LIFE INSURANCE simple and easy graph.Just wait for breakdown and then you can easily take. Minimum 80-100 points trade and targer can be achieved within 10 days .
And marked it for long as there is no wait for breakout option, sad .
This is purely for educational purpose.
Would It Sustain???Looks like its an over stretched and 1250 would act as good resistance. Fundamentally as well its highly overpriced and we might witness a good profit booking in this. Stay positive only if it sustain above 1250.
Disclaimer: This is only for information purpose.
SBILIFE closing near 20 EMA and trend-line, needs follow-upSBILIFE's closing is near 20 EMA and the trend-line, we should wait for a follow-up candle to determine the direction of price. Volumes are marginally higher than the average, could go either way, hence worth keeping on the radar for a couple of days.
#SBILIFE ready for new high#SBILIFE ready for new high
Target -1286
SL -1198
CMP:1261 @6 October 2021
Sharing only for learning.
SBILIFE looking weak!! short!!SBILIFE is showing signs of a weak breakdown (market has not confirmed it yet) from the trendline.
Wait for the stock to cross 1195 which will lead to confirmation of a breakdown.
Enter - 1195
SL - 1220
Target - 1100
R:R- 1:3.8
