SBI LIFEIt has made a Bearish Harmonic Deep Crab here. It could do a pullback till 825/800 provided it does not go above 885.
SBILIFE trade ideas
SBI LIFE - BULLISHZEEL Looks good to go for 900+ Lvls... Watch for levels pointed on the chart...
Disclaimer:
I am not a SEBI Registered Analyst. Its just a test trade. So, suggest not to blindly follow my charts. If followed, one should always be able to manage risk.
SBI life bearish harmonic pattern.SBI life has made a barish harmonic pattern. The volume is not supporting the breakout. So expect some sort of reversal from prz levels
This is my view. Take trade based on your own analysis....
Just below 200 Days Moving AverageSBI Life insurance has given a breakout and one can target 900+, its also trading just below 200 days moving average.
Above 848 if break with heavy volume leads to a good move upSbi life in daily view if break 848 with heavy volume leads to move sudden move toward up side
SELL SBI LIFESBI LIFE 805
RESISTANCE : 810 820 847
SUPPORT : 796 784 772
SELL BELOW 802
NOTE : 802 is the main support for stock trade below 802 is negative for stock . So watch 802 as a main support . Support and Resistance on closing bases
SBI LIFE - BreakoutSBI LIFE is expected to go up as we see that its likely to breakout its resistance. Also 20 SMA is about to exceed 100SMA and 100 EMA.
#6 SBI Life - Long with a view for 10 - 15 DaysNSE:SBILIFE
Expected Upper Breakout
Reasons being:
1. Expected Breakout in Daily chart
2. Breakout in OBV
3. More than Daily Normal Volume
Long SBI Life for a target of 840 and 880 in 10 to 15 days.
SL around 735
SBILIFE breakoutAscending triangle breakout in sblife. buying range would be around 760-765. Target 780-785. SL 753.
sbi life breakout or breakdownsbi life breakout breakdown.1D chart and 1 hour chart.
1hour breakout-758.50 and breakdown 742.40
Blind Buy Sector Stock corrected from all time high.
50 correction co relate with previous rally starting point.
Sector is very positive here on.
High growth wildly visible.
SBI Life - Gets back to lifeFundamentally strong, SBI Life went through an unwarranted correction during the pandemic.We have been buying at lower levels. Now, the price is at a nice resistance zone which it had tested on 2 previous occasions and finally closed above the level today. It has been making a series of higher lows. Last few days has seen a spurt in volumes. Multiple indicators have turned positive. The stock has also moved above the Ichimoku cloud on the daily chart. ADX has also turned positive. With price action and momentum in its favour, it is Good to take a fresh long position at 781 with a target of 872 and a SL of 750
