SBINBears are not able to pull price more lower.
May breakout and go long after this.
Only for educational purpose.
Trade ideas
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.
SBI view for long term Support shown is a good price for long term collectors to add
also, if it gets breached, I would say wait for a decent % of correction before start averaging down
SBI sideways till it crosses above 549 SBIN is above key resistance levels of 512-522. It may give a good breakout above 549 (ATH). Till then it can be accumulated with a SL of 509.
For educational purpose only. Not a recommendation to buy or sell.
sbi This analysis given only for education purpose take trade your financial adviser before taking any trade .
SBIN Weekly ( 08-12 Aug 2022 ) Gann Imp S/R Levels.#SBIN 's weekly Support and Resistance levels According to Gann price Square where SBIN can take a support and face resistance in coming week
levels with # are most important among those levels.
SBIN Weekly ( 08-12 Aug 2022 ) Gann Imp S/R Levels. #SBIN's weekly Support and Resistance levels According to Gann price Square where #SBIN can take a support and face resistance in coming week
levels with # are most important among those levels.
FRESH NEGATIVE STATE BANK OF INDIA.State bank of India looking a fresh start on daily chart by breaking a curved trendline support and closed below that and starting a negative trend on macd indicator by negative divergence it looking some more downside remaining in this stock in coming days.
CAUSE OF SHORT-:
1- Breaking support on curved trendline support.
2- Negative divergence start on macd indicator.
SBI TRAVELING DOWN FROM RESISTANCEsbi sell opportunity
1) macd c/o
2) increasing volume
3) resistance zone
4) gap down opening
NSE:SBIN
SBI LONGWave C was making diametric diamond pattern and a time wise correction
if this low of 425 sustains we are heading to 650-677 as a first target and more upsides later on ...
*for educational purpose only, trade at your own risk !!
#SBINStock is consolidating in a range from 9 months.. can be accumulated at CMP 518 with SL 510.. for breakout above 530.. Target 630
STATE BANK OF INDIA _BREAKOUT INVERTED H&SSBI seems clear breakout in daily chart. Its look like a Inverted H&S, neckline breakout happened. keep concentrate for the upcoming mentioned targets.
SBI to Correct soon.SBIN moved one-way from 440 to 540, resting only once around 500
Now SBI is currently standing at resistance levels, after oneside move, a breakout trade on long side after such rally has the least probability of success.
Now as seen SBI clocked high volumes of the 440 to 540 leg at the highest level around 540, this shows supply is coming.
Even if SBI breaks out it won't offer much upmove, after around 20-22% upmove. hence will be avoiding new longs, those who already have positions form lower levels can part book positions and hold rest with trailing SL 510.
Going into results day where stock has rallied in a particular direction, expecting the momentum to continue has low Reward.
Hence a limited upside view on SBIN
SBI BankThe overall banking sector is suitable for buying opportunities, SBI Bank has been the most appropriate stock for a long and it is near to all-time high, if there is any pull bank it would be buying on deeps.
SBI : CRUCIAL RESISTANCE#SBI at its crucial resistance 530. Sbi tries to break this resistance for more than 2 years. Its seems weakning this time. With strong buy pressure.
SBIN to give a massive breakout soon??!!Judging by the structure, massive consolidation and convergence of various EMAs, it looks like SBIN is heading for the sky!! As the results were declared tomorrow and were not so great, that's a perfect sign for me that its going to launch!! Lets see.
Worth making investment bet now? Worth making investment bet now?
This answer is uncertain for all the stocks. No one can predict future. Stock has already given a Triangle BO and now facing resistance at zone mentioned in the chart. Any dip upto 490 WCB should be bought!
STATE BANK OF INDIA Sbi weekly chart anyalisis bullish currrent cmp 542 en*ty 545-552 tgt 567/598/650/683+++ ignore belw 521 closing
short STATE BANK for t1 536 t2 426 T3 495 with stop loss 551short STATE BANK for t1 536 t2 495 with stop loss 551
Keep and eye on SBI!SBIN is testing it's resistance for the third time and there is a high probability that it can give a breakout this time.
BANKNIFTY has also tested it's resistance for third time and has given a breakout, so there is a high chance of SBIN making it through.
3 scenarios are possible;
Scenario 1
Breakout in the range of 543 and move upside to the range of 577-585, This can be the first Target.
Scenario 2
Breakout in the range of 543 and test this range as support before giving an up move.
Scenario 3
In case the stock fails to give a breakout, the immediate support would be 520. If it takes this support, further up move can be expected after a bit of consolidation.
Please perform your due diligence before taking any trade and set a stop loss according to your risk appetite.
Happy Trading :)
