SBIN trade ideas
SBI - 20th June 2022Stock approaching Key Support Zone of 440-430 Levels.
Holding of these Levels will help Bulls to push prices higher witrh support from Value Buying investors
SBI Bank Weekly ChartThe stock is near support area and holding it's previous swing low.
As long as 440 is holding we can get a bounce will 440 on weekly basis.
On the flip side closing below 440 will accelerate some selling and potential down side level will be 400.
TripleTop pattern at #sbinBe Cautious #TripleTop #pattern (trend reversal) at #sbin (State Bank of India) weekly chart.
What Is a Triple Top?
The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the way.
Triple tops may occur on all time frames, but in order for the pattern to be considered a triple top, it must occur after an uptrend. However, the opposite of a triple is a triple bottom, which indicates the asset's price is no longer falling and could head higher.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #breakdown
SBIN Stands for Clear ✂ in 15min TF.Hello friend's, 🤗🤗 This stock is mostly recommended for 15-06-2022 Intraday player's. In this stock we can 👀 that SBIN is trying to ❌over 450 . That's why I'm bullish🧐 on it. We will buy when price cross 450 & substain above with the clear target of 454,457.This is our crucial levels on which I will trade tomorrow. Don't forget to add it on your watchlist. Ready for Tomorrow with SBIN.
Have a profitable Tomorrow 👍🤗🤗
SBIN Short @ 540-550 range Targets 530- 520- 505- 490-465- 450SBIN Short @ 540-550 range
Targets 530- 520- 505- 490-465- 450+
SBIN SHORT Trade SetupForming a rising wedge pattern...May it will go in continuation it it breaks
take confirmation before taking a trade...
analysis is for educational purpose only
SBIN Ready for breakout on DT Frame.Friend's, This Can be a best stock for Intraday players on 13-06-2022.As we can see that SBIN is looking good 😈 on DT frame. It is ready for Breakout.SBIN can be a jackpot intrared. We should definitely added to this our watchlist. It is also taking support on Trendline Chances are More on Bullish side. We can also expect very good more on bearish side. Trendline is giving support on downside & upside. We will only buy this when price cross 465 & substain above min 15 min with the accurate target 🎯of 470,475,480.But if trendline breaks and price cross 458 then we will short in this with the accurate target🎯 of 456,452,445.
SBI ANALYSIS | SBI OUTLOOK | SBI VIEW | SBI PREDICTIONDownside gap is pending so definitely market has to full fill these gaps sooner or later.
Conditions applied:
If market goes below the intersection point of Trendline & Channel line which is @ 462.70 then we can go for short till gap was filled @ 449.2
Short SBIN As there is h&s formed we can expect a down fall in coming months.
Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover. I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research.
SBIN Bullish BAMM above 472Near B point SBIN is struggling, With close above 472 we expect up move in SBIN
SBINPost a Good Down Trend Stock is consolidating
Breakout or Breakdown of this Wedge will bring trending moves. Keep an eye
THE BUTTERFLY PATTERN FOR SBINAS PER BUTTER FLY PATTERN GO LONG FOR SBIN
The butterfly pattern was discovered by Bryce Gilmore who used different combinations of Fibonacci ratios to identify potential retracements. It is a reversal pattern composed of four legs, marked X-A, A-B, B-C and C-D.
The most important ratio to define is the 0.786 retracement of the XA leg. This helps to plot point B, which will help traders to identify the PRZ.
#SBIif this falls here, you know what happens right ? dont want to see 350 but needs to reverse here.
GO LONG ON SBINAccording to price action
IT has broken the parallel channel of hourly chart
Fib retracement is at .618 which is vey important ration also kwon as golden ration
Dividend date is also coming on 25 may .
A target of 480 would come .
This is for educational purpose.
SBIN HNS Pattern On Daily ChartThe Head and Shoulders Top is created by three successive rallies in the price following a significant uptrend. The highest high (head) is in the middle, flanked by two lower highs (shoulders) at roughly the same level. Volume is highest as the price makes the first two rallies, then diminishes through the right shoulder. Finally, volume surges as the price closes below the neckline (drawn between the two lows) to confirm the reversal.
Simple Trade Setup | SBI BANK [SBIN] | 16-06-2022 [INTRADAY]NSE:SBIN
Observations:
1) On 1Week time frame, we can see it has formed kind of Head and shoulder pattern.
Please refer below chart : 1week time frame.
Immediate support is at 440 level.
Breakdown of 440 will invite more selling.
2) On 1hr time frame, it made rounding top pattern.
Please refer below chart : 1hr time frame.
-------------------------------------
Trade Setup for 16-05-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
