SBKFF trade ideas
SBIN-longTrading based on volume profile involves analyzing the distribution of trading volume at different price levels to identify potential support and resistance levels. When considering a long position in State Bank of India (SBIN), you can use volume profile analysis to develop a trading strategy
SBI - Double Bottom PatternSBI has formed Double Bottom Pattern and started to gave a breakout from 568 as that was resistance line. Based on the pattern target can be set as 625-630.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
SBINSBIN :- If we get a breakout and sustain it, we may see upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
SBIN - Bullish
SBIN Fully Bullish. But, don't be in haste. Let the level marked in the daily chart be crossed. All points are on closing basis.
Execution is in your hand. Be a man now and not a boy. Hold your nerves.
wait and watch till at least till 12.05.
Please watch my previous coverage on SBIN. Link Provided.
Let You grow, may I follow you.
SBI - More than BullishBuy only above white Line, which is high of previous swing. Yesterday's Volume more than 13M.
For execution please remember all the level which I mention here are only on closing basis i.e. at least 3 candles of 1H each should close above this level and use Williams %R, SMA, EMAs.
At present in 1H Chart 200SMA is above 100SMA.
I am not a SEBI Registered Analyst. It is just for educational purposes. Please consult your financial advisor before making any investment.
a correction in impulse / correction in SBINElliott Wave Analysis
1) Impulse Wave:-
there is a chance of 3rd major wave ending and the 4th impulse wave is taking place.
after a fall we can accumulate.
2). Corrective Wave:- (complex correction)
A correction wave had completed and now the connecting wave X is forming may be the next wave can be a formation of Y or a complex correction.