SBKFF trade ideas
VIEW ON SBINGood chart
All Banking stocks on radar
Target 603/609/615
Stop loss 587
I am just representing ,my views
For educational purpose only.
SBINAfter analyzing SBIN's stock, there are indications that a potential breakout may occur shortly. Several factors suggest that the stock's price could experience a significant movement.
However, it's important to note that stock market investments come with inherent risks, and accurately predicting breakouts or price movements is challenging. It's advisable to consult with a financial advisor or conduct further research to validate the analysis and make informed investment decisions.
SBIN GO LONG OR GOOD TIME TO BUY SBIN SHARES Go Long or Buy SBIN shares for long time (as you wish) . wait for pullback and big green candle. Follow me for upcoming signals. 😊
SBIN double top pattern opportunityAfter long bullish trend chart has tried to break 2 times resistance but it was failed as 600 / 590 / 580 / 575 has strong OI call writers. Event it was fall because of result came. so it looks like break down with M pattern then will back bullish trend back.
SBI hits over 3-month high ahead of Q4 results SBI hits over 3-month high ahead of Q4 results; stock gains 8% in one month
SBI is a sector proxy that benefits from its strong liability franchise and continued favourable sector tailwinds
Shares of State Bank of India (SBI) hit over three-month high of Rs 590.10, up 1.4 per cent on the BSE in Tuesday's intra-day trade, ahead of its January-March quarter (Q4FY23) earnings. The largest state-owned back is schedule to announce its Q4 results on Thursday, May 18, 2023. The stock had hit a record high of Rs 629.65 on December 15, 2022.
Currently, SBI is trading at its highest level since January 25, 2023. In the past one month, the stock has outperformed the market by surging 8.5 per cent. In comparison, the S&P BSE Sensex and Nifty50 gained 3.8 per cent, while the Nifty PSU Bank index gained 4.2 per cent during the period.
SBI is the largest public sector bank in India with strong retail portfolios and best operating metrics in the PSU banking space. The bank has witnessed continued improvement in asset quality coupled with healthy PCR.
SBIN Weekly Levels May 15-May 19 2023These weekly levels are created using Dynamic Volatility calculation, and Polynomial regression methods to arrive at the proper range for the next week and associated targets.
Buy Above 581.33
Buy Targets 586.64 591.92 596.19 600.46 606.54 610.23 622.83 636.65
Sell Below 574.87
Sell Targets 569.56 564.28 560.01 555.74 549.66 545.97 533.37 519.55
SBIN TO ALL TIME HIGHS AGAIN?NSE:SBIN SBIN is showing bullish reversal sign and can achieve 560 level zone easily in coming weeks with buy on deeps strategy (only in new high new low formation) .
current resistance for sbin is at 533/532 zone, above that 540 /538 is the next resistance zone,
best entry will be when sbin hits 540/538 res zone and retests previous resitance of 433/532 and makes it a new support, sl should be be 510 as current support zone is at 521/517 from which sbin can carry on the upside trend move.
SBI Weekly levels May 08-12 2023These weekly levels are created using Dynamic Volatility calculation, and Polynomial regression methods to arrive at the proper range for the next week and associated targets.
Buy Above 579.70
Buy Targets 585.04 590.35 594.65 598.95 605.06 608.77 621.44 635.35
Sell Below 573.20
Sell Targets 567.86 562.55 558.25 553.95 547.84 544.13 531.46 517.55
See the similar levels created for last week (May 01-May 05) for Reference
Buy Above 579.77
Buy Targets 585.82 591.83 596.68 601.54 608.46 612.66 626.98 642.71
Sell Below 572.43
Sell Targets 566.38 560.37 555.52 550.66 543.74 539.54 525.22 509.49
Sbin looking weak for 567-554-545 stops 588Sbin looking weak for
567
554
545
And more stops 588
Price has broken rising channel and forms negative divergence at top of trend.
Retracement likely till 38.2% to 50%
SBIN Likely to hit its All time high(630) AgainSBIN has made breakout of 565 levels and made a close above it.
RSI is above 60 levels and banking sector has outperform nifty with help of this stocks.
SBIN has its earning release on 30th may.
Stock has retested levels of 565 and taken support at that levels which means SBIN is not likely to go below 565 levels.
SBIN has next resistance 595 levels where we can see highest OI build up.
Due to HDFC bank rating there was shakeout in SBIN also.
Let us see whether followup of this shakeout is there or not.
One can trade with SL of 573 levels.
This post is for educational purpose only.
Happy Trading !!!!
intraday double topboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
1H SBIN - Short Position1. On Supply and Demand Zone, perfectly Bearish Engulfing Candlestick pattern formed.
2. Trendline is far away from the current price.
3. Take Profit and Stop Loss level clearly mentioned in the chart.
4. That's it. It's pure price action naked chart analysis.
SBIN chart studySBIN spot cmp 572
120 mins time frame
Harmonic Study.
Bearish Gartely pattern formation.
Reversal confirmation is pending,
Bulls need to watch it carefully.
Lets See how pattern pans out
SBIN break out dubble bottom SBIN stock
weekly bullish
SBIN share trong bullish
for weekly time frame dubble bottom
nekline break out
bullish stock
tomorrow retresment
Nekline
tan buy position
1/2 book profit
No Recommend buy and sell
study purpose only
SBIN BreakoutState Bank Of India gave breakout in daily time frame
might retest
Good to keep in watchlist
SBI : VCP Breakout - Positional (1-3 months minimum)#SBI : VCP Breakout
Positional Call (1-3 months minimum)
>> Entry at cmp or at retracement till safe entry levelz
>> Good Volume Buildup
>> Good strength in Stock
>> Swing Traders can book profits at 5-10% or keep trailing
Trgts : It will test the Previous Swing highs
Keep Liking & sharing for more such Learning
SBIN: Looks Bullish1. Double rounding pattern
2. Fresh Breakout
3. Target as per technical is ATH
4. Breakout confirmed with Banknifty chart
Double bottom & Breakout| SBINsbin stock created double bottom and given breakout
stock giving trending moves in intraday
volume rising
intradayboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
follow risk management
do your own analysis
do workout
do meditation
start reading book
SBIN - Rotated triangle SBIN Rotated triangle We can see sbi bank movements between ROTATED TRIANGLE for weekly time frame.
Valid - Till May June 2023.
Watchout for resistance breakoutThe stock has given a trendline breakout and now testing it's strong resistance zone.
Buy above 568 level in intraday tomorrow for 0.7-1% move.
Learn & Earn,
Dr. Tanya Kumar
SBIN swing opportunitySBIN on 2 hour tf is showing a falling wedge pattern, as long as recent swing low ( or budget day low) is saved chances of this going upside are higher and can be a good swing trade with small risk.
