SBKFF trade ideas
sbin super buy opportunity at sbin enter above prev close....super buy opportunity....with also a break of a channel pattern on weekly tf........buy only above prev day close....bullish trending stock.....hope every retailer will makr money with this today........please let me know in the comments,,,,how helpful you find it
Buy SBIBuy @ 513
Stop loss @ 503
Upside target @ 553
For one month prospective
Technical:- I think A bullish ABCD pattern is forming on the hourly chart with a target near 555 ₹
Discloser:- I'm also taking this trade in a future segment. So if you are interested you can take a long position with strict stop loss and your risk appetite. Before taking this trade do your own analysis and consult your financial advisor.
SBIN SHORT-TERM SWING TRADE!Hi everyone, Sbin short term swing trade consider buying CMP 507 or above 516 targets 525 & 532 stoploss 495.
LOGIC BEHIND TRADE : Stock is trading on it`s hourly support & good oppourtinity to buy from support (505-503) stoploss only 5 points and targets identified from harmonic xabcd pattern levels 0.886 & 1.131 stock can correct little from static resistance 516 agressive buyer can consider buying from support & safe buyer can buy after stock sustains above static resistance. NSE:SBIN
SBIN Trend AnalysisSBIN is looking for long-term view. However, in short term, the price can correct up to 480 level. Major support is at 400, shouldn't reach their as business outlook is very positive and numbers of Q2 '21 have been really great.
Rating: Neutral as top has been made and some correction is likely
Level: Fresh buy at 480
Business Outlook: Very Positive