SBILIFE trade ideas
SBILIFE short term target of 900 (Expected breakout on 1st June)The crucial level on Fibonacci of 61.8% i.e. 762 have been tested several times but couldn't hold above it.
It is expected to see a breakout above 790 level which is very important to break for an uptrend.
The buy call has been called above 790 for the target price of 900 which can be achieved soon.
SBILIFE, Good candidate for long (Learn & Earn)SBILIFE is making higher high and has closed near important resistance. Above 781, this looks for long.
This study is purely based on simple support & resistance analysis.
Price action is very simple to understand and main focus is price/patterns. Keep your chart clean and free from indicators, follow same process daily to get good results.
If you wish to learn simple price action trading process (strategy seekers kindly excuse), kindly reach out.
Request your support by liking/commenting on ideas submitted.
SBI Life is Ready for 100 points UpmoveIt will be my position trade. Please find the supply and demand zones for the stoploss and target.
SBI LIFE INSURANCE Trading SetupAll charts are purely for educational and information purpose only. Invest or Trade at your own risk.
SBI LIFEIt has activated a Bullish C Clamp in hourly time frame suggesting the possibility of 725 for now provided it does not breach 699. In daily time frame it is attempting to take support inside the Kumo
SBI LIFE INSURANCE Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
SBILIFE broken TrendlineSBILIFE has closed above its terndline and is positve in the mid term. Expecting a target of 5-10% returns from here on
SBILIFE, Learn & Earn (TLBO, Cup & Handle)SBILIFE has given BO from long term trend line (TL) and also forming Cup with Handle pattern.
It has long term resistance at 775.
2 trading strategies
1. Long above previous day high for 773-775 target
2. Long above 775 (safe traders)
Always do simple price action analysis to easily understand your entry & exit and get better with practice.
If my chart helps in any way, request your support by likes/comment.
Reach out if you want to learn simple yet effective price action.
SBI life LongLevels marked on chart...
Best buy around 695-700..
Do your own analysis...Big move expected either side...Gann Reversal date down side also...
SBI LIFE CMP 733/ TGT1 800 / TGT2 900 / SL 700 SBI LIFE CMP 733/ TGT1 800 / TGT2 900 / SL 700
HRIO - 6052020
