SBILIFE trade ideas
Is SBI Life really preparing for an up-moveOn a daily timeframe, SBI Life is continuously trading above 20 SMA and there seems to be no conviction in the up move with most of the last 10 candles in red though there is relatively increase in volume. Need to see if there will be a breakout or breakdown.
SBI LIFE NEXT TARGET IN DAILY TIME FRAMESBI LIFE NEXT TARGET IN DAILY TIME FRAME. WILL PROVIDE MORE LIVE TARGETS SOON, IF ANY ONE NEED ADVICE IN PARTICULAR STOCKS REPLY IN COMMENT SECTION WITH DETAILS. I WILL PROVIDE
sbilife good momentum can be seen in upcoming daysevery thing has been described in chart do consider these. NSE:SBILIFE [/sym NSE:SBILIFE [/sy
NSE:SBILIFE
sbilife good momentum can be seen in upcoming daysevery thing has been described in chart do consider these. NSE:SBILIFE
sbilife triangle breakout weekly frame bullish , max is it may retrace but overall path healthy for 1000
#sbilife 🙆♀️&🤷♀️NSE:SBILIFE
it's not perfect head and shoulder but even if it cross 920 then trailing target might be 950 and so as we can see reversal candle on daily it might retest head and shoulder neck line and then might bounce so please trade accordingly.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
SBILIFE for both intraday and swing -very bullishBuy #SBILIFE for the immediate target of 925 and target 2 of 993-998 (strong resistance/psychological resistance at 1000).
SBILIFE - 1H TF - Inverse Head & ShouldersInvrse Head & Shoulders pattern forming on Hourly Chart of SBILIFE. BUY 866, SL 849.9, Target(s) - 880, 890. Pattern Measurement = 23 I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
SBI LIFE Breakout candidate.For intraday Traders keeps eyes above 882 level.
Good intraday trade possible from 882 to 910 levels.
Analyize the price movement and trade accordingly.
Not a Trade Recomendation nor a Tip
SBILIFE - INVERSE HEAD & SHOULDERS PATTERNA INVERSE HEAD & SHOULDERS PATTERN is a clear cut indication of a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
SBILIFE for Short term & PositionalSBILIFE has made an inverted H&S pattern near it's crucial 10 month old TL. The pattern has already activated and if this TL is intersected, one can expect 920 levels in the short term and 990 levels in the long term.
Looks good above 870It has given a breakout from the trendline and consolidated.
Target 915,950.
SL as per your own risk.
SBI Life Buy 846-825 SL 788 with Tgt 890+SBI Life Best Buy 846-825 Stoploss 788 with Tgt1 890-895 and Tgt2 932+
SBILIFE Go "Long"Disclaimer: This is my personal view. Please consult your financial advisor before investing.
This stock counter is open for swing trade for Next 20 Days.
1. Support : Stock has taken a meaningful support @750.
2. Wave theory : On hourly chart stock is in meaningful correction and currently in Wave - B or Wave - 2. When this completes Wave - C or Wave -3 should start upwards. Faster retirement has happen from the level of 750 so we could say this is an up move in Impulsive behaviour. Impulsive behaviour is evident on the chart. So this current move could be Zigzag move up either in correction or Impulse.
3. Favourable Risk to Reward ratio is there to take trade.
4. On current Trend-lines, stock prices are on the South bank of current flow and will travel to North bank in up move.
