SBKFF trade ideas
Flag pattern in 4 hoursSBI may touch 555 again if it breaks the flag pattern.
On downside it can go 504.
Always trade carefully because it’s your hard earned money.
Consider it as business. follow stop loss and know when and where to book profit/loss.
Please note this is just my observation only and consult with your financial advisor before taking any trade.
Bearish upto 500 support There is making pattern since long time.. up - down its trying to break 550 level but could not break and taking support at 445 again and again..
So now again it come fall from 542 and may take support at 500 or 490 and then will break out new level.
#long for Week view its RSI shows to down direction
#short for 2-4 hours its down direction
So lets see we make it closer to our prediction or execute stop loss
thanks
YR 2022 Idea #109: Long on SBIN This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
SBIN BUY SETUPSTOCK NAME = SBIN NSE:SBIN
TRADE TYPE = POSITIONAL TRADE
SBIN BUY IN THIS RANGE = 528
STOPLOSS = 521
TARGET = 550 , 560
Disclaimer : Trade views are based on our analysis and for educational purposes only.
We are not responsible for any kind of loss.
Kindly consult your financial advisor before trading.