SBIN 20% this year?By seeing the trend lines and support and resistance, and also fib retracement, SBIN has the chance to test 628 first and 706 next this year
SBKFF trade ideas
SBIN
Price has decisively cleared its horizontal resistance zone between 620 and 630.
Stock is currently forming a Flag Pattern above the said zone.
The ongoing up-move is expected to continue, and prices are expected to test 710 (161.8% FR Level).
Bullish view remains intact as long as price stays above 600.
SBI bank buy given 625 , 675 Target hit next 690+ On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Good Breakout SBI aftert retesting of cup & handle brakout upside movement stats .Buy for terget Rs. 750
potential swing SBINsbin is ready for some good juicy upside as can be seen in the charts, getting good support from 21 ema on weekly tf,overall all psu are bullish which makes it one more reason to add it for upcoming months and relax.
DO NOT COPY TRADES IAM NOT SEBI REGISTERED CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
SBI 675 and 698 Target support 635 buying given near 620On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SBIN short term viewBuy SBIN @ current price or try to buy it near 600 if it comes to 600.
my Target for SBIN is 660 in few weeks.
Exit SBIN if it close below 600 on D chart.
!! Radha Radha !!
Looks good 02 Feb 2024
Breakout retest done WKTF
Good volumes ON WKTF
Take entry once next candle breaks off current candle
RS week but seems improving
No overhead resistance
PSUs are performing
SBIN- 20% returns on the broken Cup and HandleCup &Handle breakout and retracement done on weekly for the target of 740.
Team Stocks-n-Trends.
Note: This is for educational purpose only.
SBIN buy given on 25 jan hold for 640, 665 , 710 Target On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
#Sbin cash : Looks good above 625 and 635 levels#SBIN Cash
28.01.2024
Buy 50% above 625 and 50% above 635
Stoploss 600
Tgt 685-690/730
Cmp 613
SBIN Point and Figure AnalysisSBIN point and Figure analysis for educational purpose only. The first target was achieved. The second target of 655 is still active.
SBIN ShortState Bank of India (SBIN), Broke the support of a trend line. A retest will confirm the bearish moment. Keep Watching it for short term bearish moment.
SBI ready for upside move we get huge profit on sell trade On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
SBINTrend deciding level is 600. How price will react around this zone will decide the trend direction. After this big fall price may move in range also for few days.
Buy above 608 with the stop loss of 603 for the targets 613, 618 and 624.
Sell below 596 with the stop loss of 601 for the targets 591, 586 and 580.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
stock at crucial supportMany stocks have this set up ,where the stock is back to the previous highs which is now acting as support. Here the 609 is the crucial support. The lows made has heavy volume on the intraday charts. A stock generally doesn't bottom on high volume. Hence we will have to watch the 609 zone. A close below that will open the room for a bigger correction and a fresh sell should be initiated.
Bullish move on SBIN charts (08/01/24). SBIN is trading around the highs and if forming a bullish flag and pole pattern.
For last 3 weeks it is holding on to the higher levels. A nice bullish trade can be capture for a 10-12% move in near future.
A nice move it has already given and it can touch another milestone of 700 in this quater.
Break out can provide a nice up move in the stock. Positional trades in the stock and derivative can be initiated.
Fundamentally the stock is good. A nifty50 stock is always good for investment purpose.
Major levels are 660 & 700 on the higher side and support is around 620 levels.
Wait for the break out to trade. In case of a break down avoid a trades as the lower side R:R is not suitable.
SBI BANK: Running Triangle formationStock has already concluded it's running triangle structure at Oct'23 low of 543 and currently rising in an impulsive manner after the breakout. The measured target for this structure is coming in the region of 790-800 zone.
Hence, stock is likely to hold above INR 600 on any weakness and extend it's gains towards INR 790-800 in the coming weeks.
A sustained closed below 600 will negate this structure and force us to evaluate other possibilities.
