Breakout done after a Good Consolidation.
Volume looks good too.
Above all EMA.
Good for Short term and Long term.
Do Like ,Follow ,Comment for regular updates...
Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
SBILIFE Is ready to Free fall ??
SBILIFE is in a Rising Channel and Channel is Working from March 2023
Stock is around the resistance of the Rising channel.
Resistance zone is coming around 1560-1580
Stock can fall till 1420-1430
Strong Support is around 1420-1430
That would be the Best Buying zone !!
Disclaimer : We are not SEBI registered analyst....
Sbi life share can give , Good and handsome return so if you want to outshine portfolio than you can go with it , target from now is almost 5 percent in cash swing
Disclaimer I Am not SEBI Registered All profit and loss are yours , enjoy your profit and , Thinking of loss
SBILIFE - Elliott Wave count
the market seems like completed all 5 impulses and has begun correction. wave A expected to hi t the target of 1250 range.
Please note that this information is for educational purposes only, and it is crucial to trade with caution.
NSE:SBILIFE NSE:SBILIFEZ2023 BSE:SBILIFE
💥SBI Life Insurance💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-1416-1420
Breakout Price-1416
Stoploss-1293
Targets-1644-1818-1921
RT for max reach
#sbi #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
Hello traders,
Today, let's set our sights on SBILIFE , a stock that's been on a consistent upward journey. Here's what you need to know:
Rising Trend: SBILIFE has been steadily moving in an upward direction, making it a compelling pick for traders.
Growth Potential: There's room for this stock to surge further, especially if it approaches near 1320...
NSE:SBILIFE
Pattern details:
Sideways trend before forming Cup with handle pattern
Cup with ~20% correction and length of cup 26 bars
Handle length is 9 weeks and ~6% correction.
Volume needed to increase the success probability
PAT for the quarter ended 30 June 2023 at 381 cr, 45% growth Y-o-Y
NSE:LEMONTREE 's and NSE:TATAPOWER 's patterns are...
Sbilife is making harmonics bat pattern
The pattern will be confirmed only after touching 1304
If the prices breaks 1325 , pattern will be failed and cannot make any position
Have to wait and check for the confirmation
If its makes perfect
The entry will be @ 1304
Sl @ 1297
Target @ 1315
# educational purposes only
1.On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
2. Strong Bullish Candlestick Form on this timeframe.
3.It can give movement up to the Breakout target of 1355+.
4.you may hold this stock by placing a stop loss below 1295-.
5. Rsi is above 60
SBI LIFE INSURANCE COMPANY LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1355+.
✅Can Go Long in this stock by placing a stop loss below 1295-.
SBI Life may need life support.
4.10.2023
SBI Life (Spot) (Daily chart): 1270
After hitting a low around 1080 in March 2023 this stock rallied to hit a top at 1390 in September 2023.
On 19th September 2023 an evening star pattern was seen on the chart and since then this stock has been falling.
A straight fall for trading sessions from 18th September (1390) to...
Shooting star on chart top after a long uptrend
Today Confirmation done for short trade
MACD indicate weakness in stock.
Disclaimer This is my personal view for education purpose only
