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
Sbin Long I hope you can now see how SBIN represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these charts are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.