Trade ideas
SbinPrice was consolidating in a narrow range. Price was facing resistance at 887 - 889 zone.
Buy above 882 with the stop loss of 877 for the targets 887, 892 and 898.
Sell below 871 with the stop loss of 876 for the targets 866, 861 and 856.
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Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
SBIN SWING TO POSITIONALSBI can give a good SWING to POSITIONAL momentum with a decent stoploss and for good targets.
Enter only if it breaks the given levels,
ENTRY - 864-865 (or can even enter at days low with a small SL)
STOPLOSS - 856
TARGETS - 890, 900, 925++
Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
Please like or boost my idea if you like it or traded it
Thankyou
SBIN 1HR INTRADAY TRADE
- EARN WITH ME DAILY 10K-20K –
SBIN Looking good for Downside..
When it break level 856 and sustain.. it will go Downside...
SELL @ 856
Target
1st 851
2ND 847
FUTURE AND OPTION
SBIN JUL FUT – LOT 8 (Qty-6000)
SBIN JUL 880 PE – LOT 8 (Qty-6000) – PRICE (30.40)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
SbinIn daily time frame price has formed a symmetrical triangle and it can give break out in any direction. In lower time price is facing double top resistance. Trend direction deciding zone will be 860.
Buy above 865 with the stop loss of 860 for the targets 870, 875 and 880.
Sell below 854 with the stop loss of 859 for the targets 849, 844 and 838.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
SBIN analysis High wieghtage stock of Bank Nifty have touched all time high whereas Sbin has still a pending big move for is all time high. Looking past the chart Sbin has been in the a consolidation for few days which might indicates buyes are accumulating at current price. With a good breakout of other shown trandline on the chart with a small risk of Rs10 we can aim all time high target for a positon trade. Another indication for bullish view is that price have taken good support on the FIBs 50% support line
SBIN Weekly Update 14/JUN/24Hello Traders ,
Am small Magical boy has the Power to move further with the trend continuation.
Last week update we have Recognise a patter forming thats rising wedge pattern & SBIN able to recover it close above trendline.
Candlestick indicates THE BULLISH HARAMI , a strong trend further is Evolving in mothers womb.
RSI indicates super bullish bias as it holds the level of > 70 levels.
Wait for the candlestick pattern identification so one can build up on Daily Chart.
HAPPY TRADING
SBIN - Classic Textbook Pattern!It is a risky bet since it made a huge doji on Weekly TF and the selling volume is huge on that candle though the prices are sitting at a good level, one can plan a LONG position with 10-15% MAX SL. However, the RRR doesn't look good to me honestly...
Trade details:
Entry - CMP 840
SL - 799
TP - 850,900
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
SBIN Weekly Update 07/JUN/24SBIN is Crrently not good at Levels to plan Entries.
A Rising wedge pattern is Recognised on WEEKLY TIMEFRAME. More dips to come soon.
As it did not break above The 3rd june Pqnic High.
A regular Bearish divergence on RSI to be found with the pattern.
MONTHLY RSI > 60
WEEKLY RSI > 60.
DAILY RSI < 60.
Will sit back & regognise the pattern formations.
HAPPY TRADING
Trend reversal studyOn 25th Oct 2019, trend reversal happened in SBI bank. on that day, candle was bullish engulfing with significant rise in volume, along with EMA 5 positively crossed over EMA 26 hence changed the direction of trend. Although it could not continue this uptrend and again down fall when EMA 5 negatively crossed over EMA 26.
Take State bank of India with No loss strategy for 5 Lakh
How you invest 5 lakh in SBI?
1. Invest 1 lakh(20%) at 815 Rs....Target: 1149 ( 41% )
2. Invest 1 lakh(20%) at 732 Rs .....Your average will be 774...Target : 1091( 41% )
3. Invest 2 lakh(40%) at 637 Rs... Your average will be 700...Target : 987( 41% )
4. Invest 1 lakh20%)at 460 Rs ( In SBI life chart history we noticed that this counter can fall maximum 53% so this is the last level of SBI from here but we cannot see this level because we are positive for INDIA )
You will never fail with this method. Be Invested
State Bank of India can show momentum outside the narrow Range Stocks to Keep in Radar for Next Week
⏩ SBIN
⏩ NMDC
⏩ BHEL
⏩ DLF
SBIN is consolidating in narrow range from past many sessions
If decisively sustains outside the Box range, directional movement could be possible
However in case of Bearish pattern at upper end of range
it may come back to prev week's range
Important downside support is around 800 zone
whereas upside hurdle is aroud 845/850 level
*Election Results can create Volatility in the Maket
Keep Tracking Charts
*For Educational Purpose
Learn & Practice Price Action setups
SbinPrice is moving inside a channel. It is giving zig zag movement. Price have to break the channel to give a trending move.
Buy above 825 with the stop loss of 820 for the targets 830, 835 and 840.
Sell below 815 with the stop loss of 820 for the targets 810, 805 and 800.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.