Will go peak then dropAfter result expected to fall like anything. Already the result factored. Be caution. One can go PE on the result date when it is in peak.
It is not technically explained but assumptions from previous experience.
Your wish and own decision mandatory, this is just knowledge sharing of my point
SBKFF trade ideas
NSE:SBIN Levels respected very well !! checkoutNSE:SBIN
We can trade confidently only when we have fair idea of what we are dealing with, If we are able to identify the levels of Support and resistance, Half job is done, later part u can do by identifying the chart patterns and volumes !
Bullish Spike: People also call it as Bullet, If this candle pattern is formed, irrespective of any time frame, there will be high chances of Upside momentum !!
#SBIN Chart check out the levels, Patterns respected !!
Power of Price Action !!
Happy LEarning !!
[POSITIONAL] SBIN LONG BET
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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NSE:SBIN LongNSE:SBIN
#SBIN touch ATH and retraced to 520 levels. Sustaining above the level creates positive momentum.
Post Confirmation can try 520 CE.
If the level not sustain and swing change to negative use 510 level as support and can try PE !!
Happy Trading !!
Today Levels and results already shared, Almost all the scripts given good results !!
Levels perfectly captured and shared for FREE Everyday !!
18/10/2021 Research Report For SBINDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy at CMP (Current Market Price)
Target 1: 520
Flag and pole pattern in SBIN but there is a twistThere is a flag and pole pattern breakout in SBIN. But the breakout is not that much strong as volume is low. So, there is a high chance that it could make a double top or bull trap. It's a kind of wait and watch situation. If it breaks the high with large volume it will be a good swing trade.
SBI HAS BROKEN A STRONG SUPPLY ZONE. ASCENDING TRIANGLE PATTERNSBI has broken out of the ascending triangle and also broke a strong supply zone.
The price broke the supply zone and a pullback has been seen. The price took the support of the zone and the trendline successfully.
The target is the height of the ascending triangle above the breakout level. So, it comes out to be around 540.
Stop loss must be placed below 470.
Happy trading :)