SBKFF trade ideas
SBIN near strong support area can go up 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 | Swing Trade📊 Details
State Bank of India is a Fortune 500 company. It is an Indian Multinational, Public Sector banking and financial services statutory body headquartered in Mumbai. It is the largest and oldest bank in India with over 200 years of history.
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inverted head and shoulders on SBIN: State Bank of IndiaA slanting channel on 2 hr time frame, a break out of which can lead towards 620 area and drop from the channel can bring the price to the lower end of the channel or the buffer support area. Beyond which it can retest 550-555 levels.
but on the larger Daily Time Frame, its a head and shoulders in formation and a breakout of which will come above 620.
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#Sbi #StateBankofIndia #psubank
SBI symmetrical triangle breakout SBI attempt to symmetrical triangle breakout confirmed with high volume, moreover scrip is trading above its EMA 21 which is a positive sign for the uptrend, hence, it is advised to initiate position in this stock with the initial target of 620-625 and keep SL at 580-585.
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.