SBIN has been on a robust bullish streak, indicating a possible retracement or correction phase in the near future following its recent rally. There's potential for the price to consolidate within a formed channel before potentially breaking out bearishly, supporting a bearish outlook.
NSE:SBIN The result was very strong 830 Above looking good Target 900
Beautiful Investment opportunity in SBIN, After a long monthly consolidation , stock gave a Breakout on monthly chart and entered into forming Higher High and Higher Low depicting a Rising channel on Weekly timeframe. It also gave a Breakout on Weekly Tf and made a new High Investment opportunity can be found with individual's risk reward ratio.
SBIN- Analysis Chart Legend ...... - Dotted Green Line - Bullish make or break Level ..... - Dotted Red Line - Bearish make or break Level ..... - Dotted White Line - Major Levels Line - green or red - Major levels Buy zone:- 540 to 612 Stop loss -518 to 529 Few targets to Monitor 637, 742, 855 Please comment if you wish to see my analysis for any...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
There was a strong bullish breakout in the Daily chart of SBIN on the 25th April. This resistance now becomes a support at 793 which was respected yesterday. The candle made today isn't very strong but the trend is clearly bullish. My idea would be to buy with SL below 793 and targets of 830 and 850. Educational purpose only
Something similar to my previous post of ICICI Bank, A strong breakout and stock is taking breathe. Will look to add till we are trading above the breakout for new highs as previously also we had a double bottom which suggests a further upside.
SBIN (State Bank of India): - **Symbol:** SBIN - **Trigger Condition:** Buy if it crosses 788 - **Target Price:** 890 - **Timeframe:** Few weeks - **Stop Loss:** Set at swing low This recommendation suggests entering a long position in SBIN if it crosses the price of 788. The target price is set at 890 with a timeframe of a few weeks. It's advised to set a stop...
After gave a good move till 5 March price consolidating in a range of 724-793. It's all time high level For SBIN. At 25 April price break the 793 level with a good volume. Now price try to retrace the 793 level. At 793 level if we can find any bullish candle Swing trader can averaging there position . For Intraday: we will wait for taking retrace at 793...
Despite the ultimate trading opportunity on SBIN 15 minute chart. Catches the sudden market reversal with a green buy signal on the indicator, Eagle Signal Pro v2.
Reason for short a) Fake Breakout setup seen with bearish divergences in MACD/RSI/STOCH b) Weekly: A possible ABC corrective pattern in the making
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
SID Potential Breakout Analysis GETTEX:SID is showing signs of a potential breakout based on technical analysis, indicating a favorable moment to explore investing in the State Bank of India (SBI). Why State Bank of India (SBI)? State Bank of India (SBI), as one of the largest and most reputable banks in India, offers a compelling investment opportunity for...
seems to be near to B wave completion (760-770 range) in A-B-C wave.. then may be into C Wave
The Stock remained in Box Range for Many Months ■ It witnessed Breakout above the consolidation with Rise In Volume & Made High near 800 level Track & Practice Box Pattern in other Charts also 👍 * For Educational Purpose Only Learn & Practice Price Action Setups
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
multiple rejection at the resistance range 777 to 770, can be a bearish week for this stock, lower level at 757 can be seen this week if price breaks below 770
We see the possibility of a decline after a short-term rise. It's going to break down the low.