Sbinlong
SBIN BANK MID TERM - LIKELY BOUNCE FROM THIS 5 YEAR SUPPORT ZONESBIN chart looks bullish for midterm trade holders likely to bounce to 250 levels in the next few months.
Perfect at the support zone fo 150.
Targets can be around 190 levels for short term traders,
MIDTERM: 230 -250 in the next few months
SBI Bank -Long Term View -300% Potential Growth in next 2-3 YearHello Everyone,
SBI Bank is in our First Demand zone. Our first Investment is @165 and second and strongest demand zone level is 92-100. so questions is how to Invest in SBIBANK.
Well start a strategical Investment like if you want to Invest 100 rupees in SBI bank then Invest 30 rupees at current price and give some time to see that how stock perform in next couple of month. If stock start to close above 200 then you can go rest 70 rupees In case stock declined this price and go more low then Invest rest funds at 92-100. Target is 300% in next 2-3 Years.
JUST AN GUESS AND BASICSanyone can please reply if it is correct or whats wrong and give me suggestion to improve that
SBIN Potential bullish inverted head and shoulder SBIN is potentially forming an inverted head and shoulder pattern with current target set to neckline 313ish before forming right shoulder. Looking forward to a move up. lets see.
Sbi looks good for long Sbi on daily chart looks good and its taking support near 291-293 can be a buy on dips near to support level with the given stoploss on closing basis.
SBIN Showing Bearish Trend for Long Term investmentDont take any new entry in SBIN if you bought already then must use Stop loss 225.
if cames any good news for banking sector then you can some good movement otherwise Trend is Bearish .
Banking sector is not Right Time For investment wait some Years.
SBIN Very Good Opportunity Between 140-150.
Stay Tuned.......!!
Learn Here , Earn EveryWhere
SBI- What Next?SBI price Has Been consolidation between 275-260 since last 12 days. It shows that price has been exhausted after 4 days rally. and it may shoot up more.I will wait for the given levels. keep Eye on SBI. If breaks the trend line then price can reach to 315-340 this expiry only.
SBI : Bullish Cypher - Is there anything more to say ?We got bullish cypher pattern here, so I'm expecting completion of CD move, it may happen today or tomorrow, we cant predict that with 100% confidence. But one thing we can say, if price comes to our entry zone I will enter long in SBI with cypher as reason but only after the pattern completion.
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
Buy SBI....purely technical viewSBI is range bound for the last three weeks between 222 to 235. Any breakout on either side would be fast and furious. Trendline support is at around 220 and 21 Day simple moving average is at 226. Taking into consideration some positive bias, one can keep stop loss at 219 and maintain the long position for a short term target of 242 and medium term target of 255.
SBIN : Simple Bullish Trend Continuation EntryNote : Unless some macroeconomic news affects banking sector, SBI has good potential to move up in coming weeks as most of loans written off & market has adjusted to that.
But Jun 14-16 with Fed meetings markets can react , Feds always do what they think right not what needs to be done.
The zone marked above has been tested 4 times, so I am expecting it will be acting as support zone around 200. With gap down opening market is right in our zone but if you wish to enter at better price to reduce risk,plan your entry. Anything above 1 is good for entry.
You can also use this for trend continuation for longer targets in SBIN. Don't trade bcos I posted, do your analysis if it convincing enough to take trade then enter.
Happy Trading !
