----->> after strong fall from 588-590 range, price again coming back to supply zone with consolidation to upside, if failed to create a new high and falls below 575 range then sell for the target of 565,555 range. keep track of these levels.
Observations:: the stock is trending upwards. ------>>Today SBIN is showing Bearish pressure. -------->>Bearishness is continue or Reversal May Happen at 570 levels. ---------->>Previously A strong selling pressure is observed at 570 level ,look at the reaction at these levels to go upside or downside. ---------->>Previous Resistance if turned as Support again,...
This is conditional buy view on NSE:SBIN . If 45min candle closed above 515, we can make a entry with stop loss of 507. My expected upside target will be 528.00. It would be positional trade for 1-2 days. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
The scrip has formed an inverted HnS near support so expecting some bounce today, keep in radar.
NSE:SBIN has sharply fallen from a downward channel. Now forming a pennant pattern. Though it is bearish pattern it is tough to take a view on it. The best idea will be follow the price. The probable targets are mentioned on either side. Put a tight stop loss
Best risk and reward idea for NSE:SBIN is to take entry at 603 with stop loss of 586 (-17 Points). My expected upside target will be 652 (+49 Points). Note: This is my personal analysis, only for learning. Thanks.
Preparing for a breakout, keep this in radar... once broken the range then we can see a good upside move.
The Scrip is consolidating for a long time and now its preparing to breakout after forming Cup & Handle pattern, keep this in radar, can give a good move
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
My positional view on State Bank of India. NSE:SBIN SBIN can make some correction up to 562 and 551.50 levels. Then move again for up for level of 600.55 Note: This is my personal analysis, only for learners.
SBIN looks bearish in the daily chart. SL: 529 Target: 500(a round level) Rish:Reward: 4 The next support level is 490.
Made very decent bottom at 430 levels. Divergence in 2 TFs - Hrly N Daily. Must have picked calls of 450/460 at 20June with SL 425/420 then and keep TSL later on. or hedged with 400PE. Tailwind of BNF.
The Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart). Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't...
When it comes to the technical analysis of SBIN, you might get an impulse to the downside. Based on my technical analysis, you might see a fall to the downside. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just above the entry area. What do...
NSE:SBIN Trade Setup for 18-04-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or...
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On 19/01/2022 we have seen strong bounce back from day's low. On daily chart there is bullish engulfing pattern. Buy above 520 Sl 500 Target 540, 560.
When it comes to SBIN , the stock is still in good uptrend. Last day market closed near 460 & likely to reach 464 soon. Though it is not a good idea to take the position right now since price is too far from previous support area and it is also expensive now. I think you might get a good pull back to get in. You could use the support area to get in when price...