SBKFF trade ideas
Bearish Flag in SBI for short termAs we can see here SBI is consolidating in flag pattern. We can go for trade after flagbreakout..
State Bank of India, Good breakdown setup#SBIN looks goods to short for a Rs 50 downswing. The stock has broken a good trendline which strongly acted as support till now. Along with trendline Relative strength, viz-viz Nifty has also turned negative. ADX is above 24 and trending and RSI also looks bearish. Scrip can be shorted once confirmed by good volume on the daily time frame for the target of RS 400 which can act as a psychological level and if broken 400 level can be trailed to 38% Fib retracement level
BUY AT 400sbi has broken a long trendline.my view ,may fall further. buying window may be 400 to 410.please comment to correct me.
SBIN Important levels for long term investmentSBIN Important levels for long term investment
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
negative sign for sbinits clearly visible that sbi is in down trend and with small pull back and if there is another sharp fall in market than without pullback also we can see it go till 400 level
State Bank of India [Daily]Support line broken. Will either struggle to come up or fall by 8-10 points tomorrow.
Weak on the weekly TF and it's struggling to stay afloat on the daily.
Suggestion: Watchlist for now!
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Remember, if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
SBIN CMP 468 dated 17-12-2021
STATE BANK OF INDIA CMP 468 DATED 17-12-2021
TRENDLINE SUPPORT @ 465
BREAKING BELOW 465 TGT OF 455-445-435
IF IT TAKES SUPPORT @ 465 moves up than the tgt will be 480-490 & 500
SBIN followupSBIN 467 - As long as it held its close below 470, we shall expect it to test the zone 458 again.
Our Earlier posts for reference ..
EWT Correction Wave - SBIN - New lifetime highs soon 🚀Hi Traders, Here is a detailed analysis on SBIN which has been following Elliott Wave Correction Theory, on 1h, We are currently experiencing Wave B and we have to enter at the beginning of Wave C i.e. near 480 levels. Pls refer to the above chart to notice characteristics of each wave. Also SBIN has been following a strong uptrend, we can see it is taking support at the same trendline that it has had been following since November 2020. Also we have turned a major supply zone into demand zone and we are also at a 0.618 fib retracement level aka golden zone. Now we have witnessed many confirmations. Let us moon together. Happy Trading 💹E
SBINImportant Levels................................................................................................................................................................................................................
Intraday Trade Logic in SBIN on 16 Dec 2021** TRADE AT YOUR RISK **
After two days ...look at the levels ..given perfect Entry , Stoploss and the Target ..
Enjoy !!
SBIN All levels still valid !!NSE:SBIN
#SBN levels shared and gained good profits, shared on 8th and out of 4 trading days 2 days levels gained good profits and rest 2 days in sideways !!
Still the levels are valid and can be followed !!
SBIN bullish movetrend and pattern analysis
1- breakout confirm at steep trend line
2 - multiple retest and supports at support location (yellow arrows)
3 - resistance turned support (red arrows)
generated area of high confluence, expected to move down till confluence area and take up from there.
check levels on charts
Intraday Trade Logic in SBIN on 15 Dec 2021Trade on your own risk . I will not be responsible for your loss or profit
SBINTechnical analysis based on Trendlines & Price action
Use it just for reference and do your own analysis
SBI Channel BreakoutTrade -
Entry: 477.5
Stop: Below 466.5
TGT1: 495
TGT2: 512
SBI has given a disjoint channel breakout likely ending the downtrend as the stock had been under pressure from last few days given its weight in Nifty. The breakout offers a perfect long entry opportunity with a good risk reward setup.
