Sbi breakout TimeSbi bank is now on monthly basis deep side there is an important level.now it's gonna be running time.
Sbibank
SBISBI is currently trading in a sideways channel. A breakout is imminent, and we should consider planning for a long position once the breakout occurs.
SBI fly or fallThe stock is trading near resistance area
Immediate resistance is placed at 545
Breaking above the resistance will give a breakout and next level to watch will be 600
However trading below 520 will trigger some selling pressure and 477 level can not be ruled out.
Simple Trade Setup | SBIN | 18-04-2022 [INTRADAY]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 gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
SBI ABC setup is suggesting a sharp up moveThe stock is following wave ABC pattern.
As long as recent low holds we can see a sharp up move.
Let it pull back and do retracement
then it will be a confirm reversal for 550.
Nifty, Banknifty and top stocks analysis for tomorrow + levelsMy view on why the top stocks continued to fall today, including Reliance, HDFC Bank, ICICI Bank, etc.
SBIN support levels Oct 2021S1-465
S2-440
Stock is at all time high.I am expecting it to come back and take support around 465.
440 to 465 is the strong buy zone.
SBINAll levels on the charts. SBI bank has just given a perfect breakout from cup with handle pattern. I am holding it from low levels. In long term it can touch 500 levels as well.
SBI Looking Bullish• SBI is approaching the resistance Level if it breaks with a bullish candle above The resistance then it will be a great area of value for Buy.
*If You like my idea Do like and comment*
*And also tell me if SBI is on your list to buy *
SBI Wave CountNow SBI Move to 5th Wave
if day candle close with target Zone 1. we can consider wave it end
incase day candle cross the target Zone 1, then move to Target 2.
SBIN AT SUPPORTThe stock has reached multi-timeframe support and chances are high that it could see some bounce from here.
