SBILIFE trade ideas
SBI LIFEAfter giving a breakout in daily time frame it appears to have completed its pullback near the hourly/daily kumo support. As long as its above 820 it could attempt a rally towards 870 and above that an ATH for 925
SBILIFE Cup & HandleWait for Daily close above trendline before entering. Near term target is 1010.
Please note this analysis is purely for educational purposes. Kindly do your own analysis before putting down your hard-earned capital. Feedback always welcome.
Thank you
SBI LIFE - AT IMPORTANT JUNCTION NOWSBILIFE - GAP HAS BEEN FILLED
VOLUME HAS BEEN EXPANDED
RALLY CAN RESUME BACK NOW
IF HOLDS THE SUPPORT
Buy opportunity in SBILIFE positionalBuy and accumulate in the range 840-855
Sell around 915
Stop Loss should be placed below recent low at 829
Risk 2.5% approx
Reward 8% approx
SBI Life - Triangle Pattern - LongSBI Life has formed in triangle pattern.
If Script moves break above 870 we can go for long.
SL -823
Target - 977.
Disclaimer: Kindly do your own analysis before executing the trade
SBILIFE - 1D TF - Bullish BatBullish Bat pattern forming on Daily Chart of SBILIFE. BUY 750, SL 727.9, Target(s) - 770, 780.
Intraday (24-11-2020) - SBILIFEintraday levels for 24-11-2020. buy or sell entry will be determined by tomorrows market opening
SBILIFE - bearish channel to end?stock has been in a bearish channel and has taken support crucial level. Will it star to see an uptrend from now?
SBILIFE | LONG |CHART#9Stock took support at 50MA and can rally further of 20MA crossover happens
*IMPORTANT LEVELS to WATCH*
ENTRY @ CMP
SL @ 817
Target @ 850
Good Luck Investors❗
- GokulHari
Long SBI lifePrice closing above 50 and 200 EMA on Daily chart.
Flag and pole pattern breakout on weekly chart.
SBILIFEIm not an expert im just sharing my views on SBILIFE for tomorrow
Im not responsible for any profit or loss this is not a recommendation
SBI Life Insurance Volume consolidation and a possible breakout only above a weekly close of 815.
Not a SEBI authorized advisor. Charts are for personal purpose.
