SBINSBIN
ST Support and Resistance
Major Range 540-500
Expect Trending moves only above or below it.
SBIN trade ideas
SBIN Trend AnalysisSBIN is looking for long-term view. However, in short term, the price can correct up to 480 level. Major support is at 400, shouldn't reach their as business outlook is very positive and numbers of Q2 '21 have been really great.
Rating: Neutral as top has been made and some correction is likely
Level: Fresh buy at 480
Business Outlook: Very Positive
Sbin Long I hope you can now see how SBIN represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
candlestick pattern near support and resistance working exampleCandlestick works near support and resistance and how this pattern works depicted on chart.
Bullish harami
Bearish harami,
Bullish engulfing
Bearish engulfing
Hammer
piercing and dark cloud cover
SBI with pin bar status on Day Chart - Go LongSBI with Pin bar status on Day chart and Go Long with Clear Stop Loss
SBIN Trend AnalysisSBIN looks to have corrected after making New 52 Weeks high and there is a chance it corrects up to levels of 501 as shown by the Blue trend line, or 498 levels as shown by Fib Levels. Please consult your financial advisor before making any decisions.
state bank of India my view 400 rs - great level of resistance line, it will move upper or down way we will wait and see.
NSE:SBIN Entry, Target, SLNSE:SBIN
#SBIN all levels mentioned on chart !!
Happy Trading !!
*Only for reference.
State Bank of India Price Movement Analysis for 10 November 2021hello all, i am shubham. heres my idea for tomorrow trade for sbin 10 nov 2021 price movement analysis. hope you like thankyou
NSE:SBIN NSE:SBIN
#SBIN seems formed Ascending triangle and ready to BO.
Volumes not supporting for BO as per the chart,
But candles trading near to resistance level,
Post confirmation in any level (Resistance/Triangle) may decide the momentum of the stock.
Interested to trade in this stock ?
Reach me tomorrow for the levels....
SBIN | Cup & Handle breakout ahead - Potential for 10%SBIN | Cup & Handle breakout ahead - Potential for 10%
CMP : 463 (Dip : 455)
SL : 440
Target : 510
Almost 1:3 risk reward setup
State Bank of India Price Movement Analysis for 9 November 2021HELLO ALL, I am Shubham Chourasia. Heres my idea for sbin state bank of India for 9 nov 2021 . Hope you like this. thankyou
SBIN Trend AnalysisSBIN fell 1.36% percent today and while it might seem bearish, it is just a mere sign of Correction.
After breaking its long-term resistance and forming a new 52W high, SBIN corrected to levels of 523. Despite many firms up-ing their target on SBIN to 750 levels, I remain bullish on SBIN and think it will correct to 515 levels and in the case of a Bearish market, up to 500 levels.
Please consult your financial advisor before making any decisions.
Buy SBIFresh break out after 3 month of accumulation
RSI 75+
Volume > average volume
buy near 450-445 level for trg of 520-530 with sl 430 on daily closing basis
sbi analysis Sbi have give a good breakout in 15 min chart time frame i has also taken retested the levels now it is ready to give a big upside move.
State Bank of India Price Movement Analysis for 8 November 2021Hello my name is Shubham, I am sharing my view about State bank of India for November 8 2021.
I have marked some price points where price can move, particularly in that area of price. Thankyou & Hope you like this analysis. see you soon
Buy at 524 SL 513 TGT 534, 538, 541, sell below 523 TGT 513 507Suggestions are based on my analysis only. Please do your analysis before taking any trade.
SBIN took support at 20 EMA…SBIN took support at 20 EMA…
Reasons/Traits :
• Took support at 0.382 fib retracement level
• Above 20 EMA
• Strong up move, force index 3 is less than 0 and force index 13 is greater than 0
• ADX 20 is greater than ADX 30 as well ADX DI + > ADX DI -
• Force index 3 is greater than 0 and Force index 13 is less than 0
• VWMA is greater than 100
What can happen next :
Scenario 1 : Price sustaining above 492 levels can take it to 500/510/520/530/540 levels (3.618 fib retracement of last high high)
Scenario 2 : Price break down below 490 can take it down to 480/468/452/442/432/425/410 levels
Important levels are mentioned above and it doesn’t mean it will achieve all one by one … price can hover along these prices and due course of time will tell us the price movement between these levels. 468 is important level and breaking it can take the price down or it can bounce back.
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
SBI Range And Rising Wedge BOBuy SBI
Closing Price - 490.6
Buy Some At Cmp
Best Buy Range - 452-472
SL - 450 (Day Closing Basis)
Target - 600/735
