SBIN trade ideas
SBIN is on very IMP Demand zone.If SBIN is breakdown demand zone then we looking for TGT . & If sbin is not broke the demand zone then we buy SBI,
State Bank of India : What should be the next support ?I have drawn trend lines of State Bank of India for tomorrow. These are just for learning purpose. Examine these lines during live market. All the horizontal lines are the supports n resistances for tomorrow, where 500 is the middle or centre point. Hence, 500 should be considered as major support n resistance for tomorrow.
#Sbin cash : Looks good sell below 499#Sbin cash -Positional call
14.02.2022
Looks good sell only below 499
stoploss 507
Target 480-486
Cmp 501.40
Buy SBIN @520-530, SL 440 tgt 650-725Giving a good buy.
Will break it's high in the coming quarter and give a good upside. I am expecting 20-35% upside.
SL is 440
TGT 650-725
OVERVIEW OF SBIN looking # BEARISHThere's a good oppourtunity for sell , details are mentioned in the pic.
NSE:SBIN LevelsNSE:SBIN
#SBIN All levels marked on chart,
Got rejection from resistance and trading @ Support now.
Stocks Algo selection (08-02-22)Dear Friends,
Refer chart for today stocks Algo..
we have selecte four stocks for today market based on Analysis.
Regards
Kirit Chavda
SBI VIEW BEARISH #ELLIOT_HARISHRAOmy view this stock move up side corrective wave and reversal this stock daily chart move dwon side
Stocks Algo for nifty 100 , tomorrow stocks selection (07-02-22)Dear Friends,
Refer chart for todat stocks Algo..
we have selected four stocks for today market based on Analysis.
Regards
Kirit Chavda
SBIN STATE BANK TARGET 546 552 600 1WEEKSBIN 62% hike in net profitinq3 2022, fantastic results, now stock may start upside journey again, hold who have it, add more if above 540.
Take target 600 within 1 week.
My personal view
Stocks algo selection (04-02-22)Dear Friends,
Refer chart for tomorrow stocks Algo..
we have selected four stocks for tomorrow market based on Analysis.
Regards
Kirit
#POSITIONAL KASH STOCKSBIN:
The stock has given a good breakout over 534 and sustaining above these levels. We can see good upside from here.
In the long-term view, we can see 600+ levels.
Please do your own study before any trade. I may be wrong at any point in time.
Sbin 1 hrsbi near crucial part in channel gave ath bo but struglling to cross 544 will give good move on bo or bd
Do your own research before trading
Simple Trade Setup | SBIN | 04-02-2022 [INTRADAY]NSE:SBIN
Again selecting this stock. All the trade setup and levels will remain same.
Trade Setup for 04-02-2022
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.
sbin upate 2.0 tackling volatilityDue to event day stock moved 2.40% downside from day's high
with help of schiff pitchfork the price was seen taking support at lower media line which is considered as good support
with current day low price might bounce back to 537 levels and if anything above the 550 zone will be activated again
if price breakdown today's low then it might fill the gap
will update if price goes beyond our analysis either ways
SBI ABOUT TO BREAK RESISTANCE ZONE - CAN FLY AFTER BREAKOUTNSE:SBIN Has reached the breakout zone and now consolidating near breakout. It Can Fly from here if the Resistance is broken with good volume. You can add this for Swing Trade after Breakout, this is also Good for Investment Pick But i Advice you to add for Investment purpose on Dips currently it is on 52 High. If it wll face Pressure here and started downside momet then you can go short for 1st and @nd support Zone
ROUNDING BOTTOM PATTERN (2% RETURN)Buy this at breakout of neckline and convert it into swing trade to gain 2% return in upcoming days.
SBI IS RETESTING ITS 0.618 FIB RETRACEMNT LEVELS Like you can see the chart sbi break its day high and now retesting on its fib retrecemnt level so we can expext 1st target on1.2 retracement level,second at 1.14 retracement level and third at 1.618 level prefer to book profit and of you want to ride bnf rally you should puut your sl ctc and trail.
we can play in options
NOT SEBI REGISTERED
Simple Trade Setup | SBIN | 03-02-2022 [INTRADAY]NSE:SBIN
Observations:
1) On 1 day time frame, we can see rounding bottom pattern. And stock is near the resistance zone. Either from here on breakout of this range it can give good up move or if it failed then we can see down fall.
Please refer below chart : 1day Time Frame.
2) Also on 15min time frame, we can see this support channel.
Please refer below chart : 15min Time Frame.
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Trade Setup for 03-02-2022
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.
