Trade ideas
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.
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.