SBIN trade ideas
SBIN - Bullish Price Action Analysis NSE:SBIN has already activated Harmonic PRZ 1.272 level in weekly timeframe of the target price 583.
BUY:
if price sustains above 520-522.
SELL:
if it not sustains above 520. you may get some profit booking up to 475.
Chances are more in favor of buyers to make new All time high so do accordingly.
SBIN I think share price goes down in few weeks because it breaks its top resistance then it turn back down . So now we have watch it.
If it make new support level or goes down previous support level .
Technical and fundamental analysis of STATE BANK OF INDIA (SBIN)Bearish view of State Bank of India (Sbin)
Future short with sl-550
Put option can be buy pe
State Bank of India is bearish on day, weekly and monthly setup
Sbi ,,,,,,,,,,_________________________Looking sbi 🐻 if break below 526________________________________$_$$$____
SBIN IntradayWhen sbin'll brake wedge pattern any where with retracement then we can make an intraday position
SBIN BTST making double bottomSbin took support at 533.20 and making double bottom in 15 min candlestick chart we can buy today and sell tomorrow
SBIN might be open positive at Tuesday morningSBIN taking support at its wedge's trendline and as per option chain of sbin we can see unwinding at the price of 530 and...... at the chart as well where it made a rejection candle on 1 day & weekly chart so conclusion of that tomorrow might be it can positive at Tuesday morning
NSE:SBIN
SBIN State bank of india stocks slidly fall in 3 days it can take support to547. On monday if global market open positive then it can consolidate here. after that can give a moment
SBINAs SBIN has gave the entry for double top and the target one is almost achieved but if it makes an head and shoulder there is still a chance to enter this trade and SBI is on all time highs so it has to retrace to go up. Enter on given levels and I'm sure you will make good money ,
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SBIN can be open Bullish as per Pure Price Action SBIN Forecasting for Friday morning- as per price action tomorrow morning market can be open in bullish side, stock making ascending triangle and SBIN made bullish continuation candle on one day candlestick pattern
Positional view on #SBIN State Bank of IndiaMy positional view on State Bank of India. NSE:SBIN
SBIN can make some correction up to 562 and 551.50 levels. Then move again for up for level of 600.55
Note: This is my personal analysis, only for learners.
SBINSBIN testing its support and RSI moving down so it can do rsi outside from overbought zone so SBIN can touch its next target.
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SBIN State Bank Of India #SBIN #SBIN braked a strong resistance and now new target of SBIN is 588 - 600 then it will give retracement as per #priceaction #chartreading and #trendanalysis
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thank you
Support & Resistance Zones in 1 DTF//SBIN***Bullish-Trend, the Higher Highs and Higher Lows represents that, just Follow the Trend, the Trend is our Friend
>The above pattern has solid Support(3) & Resistance(5) Zones are perfectly formed.
>The Stop Loss should be strict due to the high volatile market conditions. The perfect SL would be around 525(-4.5%) according to me.
>The Target only for 1:2 Risk Reward, ideal would be 10%!
> The break-out is looking strong in 1 WTF, go watch yourself.
***SBI is the 43rd largest bank in the world and ranked 221st in the Fortune Global 500 list of the world's biggest corporations of 2020.
#The holding outlook as of Jun 2022 Quarter:
Promoter(Govt): Slightly Decreased.
FII's: Decreased.
DII's: Increased.
Public: Slightly Decreased.
SBIN IN 1D TFSBIN broke a strong resistance and ready to give a nice up move. You can Set your own targets according to your Risk Management.
Chart of the week. SBI Best of our government bank, SBI has finally given breakout out after 10 months of consolidation. Since last November the stock was taking resistance around 540. This week, however, it has managed to give a weekly closing above 540. SBI is a great Techno-Funda pick and each investor should have this stock in their portfolio. Targets as per Fibonachi are very aggressive so one should keep a deep SL and hold this share for long term view.
CMP - 553 W
Target - 620, 741, 862, 940 W
SL - 515 W
View - Medium to long term.
