SBI Life Insurance Cup & Handle Pattern formation*SBI Life Insurance*
Time Frame: Daily
Observation:
* Cup & Handle Pattern formation
* Mean(EMA) Diversion on daily time frame
Resistance/Target: 1359 1452 1546 1604
Support: 1205 1167
SBILIFE trade ideas
SBILIFENSE:SBILIFE
One Can Enter Now ! Or Wait for Retest of the Trendline (BO).
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
#SBILIFE-LOOKING GOOD IN PROVIDED LEVELS KEEP EYE ON SBILIFE
It will be good above 1274 with a little stoploss
we always trade with double confirmation
if good momentum found we trade in option as well
SBI LIFE INSURANCEDay chart of sbi life insurance it is making triangle pattern in which if it gives breakout in any side it can give a fast momentum.
alll time high is 1341
if it breaks upper side then can go up to 1341
sbilife might fall to 1095!Stock is in cloned VA channel...
Retesting median after slipping from it.
Might head down to the bottom of cloned channel.....around 1095
SBI LIFE view for todaySBI Life view for intraday 30th Sept
Descending channel breakout expecation...
Follow strict risk reward and stop loss for getting good profit...
Consider it for educational purposes...Analysis from your end before trade...
We can see the decending triangle in 15 minutes timeframeFor Intraday levels on 26th Sept, SBI life can be shorted below the trend line break - 1269.
target 1:2 or recent downside support
SBI LIFEBOUGHT SBI LIFE @ 1290 (ON 01/08/2022), TODAY FALLS 2.14%.
WAIT TILL IT TRIGGER SL OR TARGET
-5% SL.
I didnt recommend anyone to took trade in this now, wait if break resistance
SBILIFESbilife made flag pattern on hourly/daily charts & comfortably trading above breakout level with ddecent volumes.
Could be bought with mentioned stoploss & targets
DOUBLE BOTTOM RETEST - SBILIFESBILIFE is facing resistance at 1186 level.
one can short SBILIFE.
RSI is also going downside.
MACD is upto give negative crossover.
target - 1107
stoploss - 1184
target and stoploss is decided on the basis of FIB Retracement.
SBILIFE NSE BULLISHVIEW ABOVE 1270 CMP 1286SBILIFE NSE is bullish if 1270 holds. New Lifetime High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
SBI life - Long after an ABCDEAssuming the highlighted ABCDE correction is done here this is a good entry point for longs
SBILIFE Sell for intraday tradingSBILIFE Sell for intraday trading if stock break the given support level...............
SBILIFE buy for intraday tradingSBILIFE buy for intraday trading if stock Break the previous days high then we will enter in trade.........
SBILIFE sell for intraday tradingSBILIFE sell for intraday trading if stock and break the given support level then we will enter in trade.............
SBILIFE buy for intraday tradingSBILIFE buy for intraday trading if stock break the given resistance level then we will buy the stock...........
Everyday with one Equity Intraday Profitable Idea:-SBILIFESBILIFE Breakout in the daily timeframe. but it should consolidate in a smaller timeframe. That's why I have drawn two imaginary expected paths of SBILIFE.
Buying area is 1148 to 50. SL 15 points. Target-1164,1170
or you can buy above 1162 for the target of 1172. In this case, the target is very small but the target can be achieved very fast.
SBILIFE buy for intraday tradingSBILIFE buy for intraday trading if FINANCE sector also strong ...............
SBILIFE buy for intraday tradingSBILIFE buy for intraday trading if stock and Break the resistance zone with big candle................
