SBKFF trade ideas
SBI bank - Textbook Cup & Handle baseNSE:SBIN
1) Strong trending stage 2 move
2) Volumes expanded as price moved up, and greatly reduced as price started to correct and consolidate
3) Within the base, long term VCP is forming, on right side of base price action is getting tighter, price is consolidating at the top end of resistance, final supply is getting absorbed
4) need a clean breakout above 545 for pattern to get activated. sl will be at 510, roughly 7-8% from entry price
5) These are longer term structures, and it is difficult to predict any targets, simply trail with 30 Week moving average. such trends can last anywhere between 12-18 months
State Bank Of India (SBI)State Bank Of India (SBI)@breakout
State Bank Of India (SBI) strong breakout with volume break out and momentum created in day chart.
SBI bank breakout for long. so strong upside are coming. BUY above 540.80
NEXT TARGET 543.70,547.60,553.35. Time to go for long, get ready to catch the profit. Thank you.
SBI giving breakoutSBI making pole and flag pattern
can buy above 535 for target of 600+
sl can be below 517 u can trail sl
do ur proper research
7% swing trade SBIN flag and polesbin making flag and pole pattern on daily timeframe. which is very powerful for bull run in stock. after breaking 540 we can enter with stoploss 530 and target 565.
#POSITIONAL STOCKThe SBIN looking good on the chart. Since it has given a breakout of descending channel pattern and sustains above 534 level, looking at the current market trend we can expect it could try to touch 549 in the coming days/weeks. In the longer-term view, I am looking for 600+.
This is just my view and not any buy/sell recommendations. So request you all please do your own study before any trade. I may be wrong at any point in time.
Double bottom formation on SBI, looks like a buy for me.Double bottom formation of 4 hour chart, retest happened according looking to buy and hold till 600s.
SBIN may give a break out of the consolidation zone.SBIN has been trading in a zone and on the weekly time frame has closed near the resistance zone.
The stock has been trading above the weekly 20 ema and has given an bullish engulfing candle.
On the daily time frame, the stock has formed an inside candle.
If the stock breaks above the consolidation zone, nice targets can be achieved.
Higher time frame break out can give a nice movement.
Support :- 509, 490
Resistance :- 543, 580(monthly fib level)
Only go for a bullish trade if the stock closes above 543 on the daily time frame.
Intraday and swing trades can be initiated in the stock.
a clear trianglea clear triangle is formed the candle stick is near by resis zone. so, the market is go up to reache again the previous resis
Time To Accumulate!#SBIN
508 to 549 is the range. Needs a Weekly Closing Below or above these levels respectively. I am with Bulls in this case. Let's make SBIN great again! :-)
SBIN: Chart set upSBIN
Observations
- currently at the top end of the channel
- it may come down towards 513-508 (recent low) / 493-488 (200 day EMA zone)
For the current month, one may consider to sell 550 call option.
SL Exit if SBIN closes above 545 in Spot.
any dips towards 508 / 480 would provide better risk::reward ratio to go long from medium term perspective
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
SBINNSE:SBIN
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Bullish flag :- SBINafter a strong upmove sbin broke out of bullish flag which opens a target of 600
Rsi is in bullish zone
disclaimer :- this is for demonstration and educational purpose only. this is not buying and selling recommendation
SBIN trend analysis market show some weakness but don't forget we are emerging market and best time to invest in India
be careful don't be too optimistic bcz fund is yours.
this idea is education purpose please do analysis before investing.
2 Good trades and Index Logic ideas for 1 September I daily make educational content videos on financial markets
BULLISH on SBINNSE:SBIN
The prices have given the breakout from the flag pattern on the 4 hour charts. Previously the stock gave the breakout from a triangle pattern and after that now made a flag and gave a breakout. The prices are above the moving averages which shows bullishness. The MACD has turned bullish. The RSI is above 50 which shows good momentum. The view is for upto 2 months duration. The Target and SL is on the charts.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Falling wedge pattern SBIN.Discription:
Stock Name: SBIN
Chart Pattern: Falling wedge pattern
Time Frame: 1D
Entry: breakout entry above 525+
breakout target : 555+
GO SHORT ON SBINSHORT ON SBIN
This is a short term trade
The stock is formed grave stone dojji o n a daily time frame
The first target is 508 and if it breaks the second target is 495.
Dow has fall more than 3% due to fed reaction.
This is for educational purpose.
Pole & Flag Pattern #SBINSBIN consolidating below resistance and forming a Pole & flag type pattern. Possibly we may see a strong momentum in SBIN. Keep in radar
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.
SBIN Bullish BAT PatternSBIN has given good reversal from BAT Level. 454 to 456 . Now we will wait for further breakout
