SBI HEADING FOR 500?Breaking out after a long consolidation. Very nice higher high formation, something big is cooking in SBIN
SBKFF trade ideas
State Bank of IndiaSBI long term consolidation life time break out and strong Close in weekly.. WAIT and Watch..
sbi can bears take controlthe state bank of india seems to have completed 5 waves in the weekly chart under the Ralph Nelson elliott s wave principle.when the impulse wave in the motive phase ends it is time for the bears to take control in the bull market for the ensuing correction.thaecorrective phase is a 3 step movement that culminates in wave C after down up sequence in wave A and wave B.
Te weekly macd as well as rsi both shows bearish classical divergence, which shows that the underlying strength of the bulls is waning.can bears act now? will have to wait for the confirmation from candlestick analysis may need bearish engulfing pattern or evening star. or hammer or shooting star.
trendline break and sustenance in hourly chart.
SL will be high of wave 5, target end of previous fourth wave.around 324.
SBI LongBreakout pullback done from the upper trendline marked on the chart. Looks bullish from here. Bullish from a weekly viewpoint also.
SBIN - MAY FallSBIN is at High Resistance Zone & if it is unable to cross then may fall.
Target will be 456
Only for learning purpose.
SBI SBI now break the resistance and going upward direction , this my 1st chart to publish in trading views
iam now 18 yr old , I started to invest in share marker ,
SBIN break outSBIN has broke an Important resistance level from which it had already taken rejections 4 times. This time break out and retest is complete Just wait for the bounce back and once it sustains above 164 and close above 166 u can comfortably Go long in it and put your target 1 as 493 but you can expect more
SBIN State Bank of India : Do Short or Take PUT SBIN450RSI is giving Negative divergence, Momentum loss in stock
Buy PUT or Short the Stock for Good Profit Booking :
Tgt date : 14th Oct 2021
NSE:SBIN
SBIN in uptrend with 10 month old support lineSBIN is in uptrend for a long time with a trendline support from December 2020. And it has formed short term ascending triangular pattern.
The stock has given breakout from the triangular pattern and retraced.
Buy above 487
Target at 522
Stoploss below the blue breakout line
Looking good for higher targets!Just look at the chart. You can't miss this trade. 700+ is on from here!
state bank of india harmonic analysisIt is moving according to harmonic pattern and now as you can see i have shown two possibilities with arrows.
Stock may first fall till point C then all the way up till point d as shown with green arrow.
Possibility two: If candle closes directly above red trendline as shown with orange arrow, then it can directly hit point D at 459.
good luck and be patient
trade at your own risk
SBI Bank Cup and Handle PatternAs you can see in the Chart NSE:SBIN has formed Cup and handle Pattern on Daily time Frame and given a clear breakout ...
One can go long above the Level mentioned in the chart.
Disclaimer : This is not an investment advice, just for educational Purposes
