head and shoulder reversalby watching today's market of sbi. it is safe to assume that it follows head and shoulder strategy and it continue to be bullish tomorrow.
SBIN trade ideas
SBIN at support in daily chart
SBIN Prediction: The market is at important support. The market is very unlikely to go down from here.
The prediction is sidewise or up.
Good for swing traders with 3-6 months of lookout and SIP
SBIN Conditional Buy levels 28.03.2023This is conditional buy view on NSE:SBIN . If 45min candle closed above 515, we can make a entry with stop loss of 507. My expected upside target will be 528.00. It would be positional trade for 1-2 days.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
SBI Support Sustain or Break SBIN - Very good Support at 498 500
support Sustain than bounce possible 530 550+++
support broken tha we can see free fall 460 445++
OPTION IDEA'S
1st long 500PE at 05 07 short 460PE same time
2nd long 530CE 03 05 short 550CE same time
for Hedging purposes
Sbi pattern If sbi goes less than 480 it will come down up to 450 or else if it goes up more that 530 it will go up more that 550 it depends upon the market news
SBIN 1D (21 MARCH 2023)NSE:SBIN
520 STRONG SUPPORT.
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
this is only for educational purpose. before taking trade take advice from your financial advisor.
Intraday buying opportunity The scrip has formed an inverted HnS near support so expecting some bounce today, keep in radar.
State bank SBIN Analysis for swing trade 20-03-2023
State Bank of India is an Indian multinational public sector bank and financial services statutory body headquartered in Mumbai, Maharashtra.
#Sbin cash : Positional Strong Support at 500-505#Sbin cash -Posiitona View
15.03.2023
Strong Support at 500-505
Cmp 517.55
SBI (STATE BANK OF INDIA)The idea is based on the Elliott Wave Theory. The rally in PSU Banks seems incomplete and SBI could reach higher levels before making a corrective move.
If the ending diagonal doesn't invalidate, a reversal is likely from the upper trendline.
STATE BANK OF INDIA : Trend Reversal..!All PSU Banks are making Base and value buying. Which is one of the SBIN Stock on Daily TF we can see that Volatility Divergence was made from last couple of week. with not volume support. But today Bank Nifty and all PSU Bank Sector going well and made strong Base. With Bank Nifty Support all PSU Bank performing well and ready for going upside. Today SBIN break the volatility Squeez and given higher closing with high volume. Momentum Support with Daily and weekly Basis. Now all PSU Banks along with leading State bank of India ready for going upside.
Entry : CMP
SL: 536
Upside Move : 596
A short video for tomorrow sbi chart view Hi ,
It seems that for tomorrow perspective if sbi broke the support of rs. 532.40 then it will goes down 525.50. If in the first half sbi broke the support zone then short the stock tomorrow
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Double buttom + Inside barSBI is giving Double bottom breakout,
Already given the Inside bar Green candle
Can be considered to go long for:
Entry: 527
Target1: 547
SL: 502
Long above 540Due to global pressure SBI found severe selling during last season. However the ABCD pattern may active if the price closed and sustain above 540. Let see how this will work.
This is just my point of view and no more recommendation.
SBIN -- Good prospect for long & towards 700SBIN took good support on trendline (from 2019) despite of fall in recent days.
So, target would be around 700 in 3-4 months considering the trendlines pattern.
You can see upper trendline cut through candles but it's to showcase the width of trendline till 2019 in various cases, it acted as resistance.
Note: this is just an educational purposes and not a recommendation at all.
SBIN: Structure
NSE:SBIN has sharply fallen from a downward channel. Now forming a pennant pattern.
Though it is bearish pattern it is tough to take a view on it. The best idea will be follow the price.
The probable targets are mentioned on either side. Put a tight stop loss
Buy SBI for a short target of 545Hammer candle formed at lower end of chart .. wait for confirmation. Target is next resistance level i.e. 545
sbin view for today 6th FebSBIN view for today 6th Feb
SBIN.. Touched support zone... reversal started..
Please follow strict risk reward and stop loss if u follow the level
Thanks,
V Trade Point
#SBINSBI also posted a strong results and good buying has been seen in the stock...largest PSU has strong potential for long term.
SBI I HAVE FOUND THE PATTERN ON CHARTi have found the stock of pattern break out or breakdown happen be ready for it
Might see Correction from Here .❓❓🤔It's a major resistance and we can except a pull back from here .. ..
It's just My view ..
