Long Positional Trade in SBINToday SBIN gave breakout of a Flag pattern with high volumes! Target - 560 Time - 2 months Longby Tanish78620
Volume Contraction Pattern (VCP)volume getting contracted for a longer period fo time and new high very possibleLongby Mohank230
SBIN Looking Bullish Above 435SBIN Looking Bullish if sustain above 435 target will be 445-460Longby FutureRiderUpdated 3
SBIN DAILY TIMEFRAMESNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes. Start believing in this strategy because it will reward believers with huge profit. There is a lot more about this strategy. It can predict and also it can give you almost exact buy or sell time on the spot. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. Longby hadimozayanUpdated 1
SBIN - Elliott wave analysis - ABC zigzag up in X waveexpecting ABC bounce as (X) wave and then down, then it turn down as (Y) wave in sideways move by rJ682637460
SBIN intraday to short term swing tradeSBIN 15min chart made triangle pattern and it breaked out so you can go long on this trade with the Target of 435 and StopLoss of 431Longby Krish-Patel110
SBIN BreakpoutIf Sbi breaks above 434 & confirms breakout, buy with sloss of 419 & positional tgt of 449 & 470. by TORTOISE_MSUpdated 2
Wedge Pattern BreakoutStock Analysis: SBI has broken the wedge pattern it is good buy around immediate demand zone and below demand zone as a stop loss for the target given on the chat. Let's see.Longby MadhanaGopal_PUpdated 0
Part 1: A simple analysis of Wyckoff of Wall StreetWyckoff was a pioneer in the technical analysis of the stock market in the early 20th century. He established the Stock Market Academy in 1930. The main course is to introduce how to identify the dealer’s process of collecting chips and the process of distributing chips/judge. Second and third, in the basic law of "causality", the horizontal P&F count within the trading range represents the cause, and the subsequent price changes represent the result. Fourth, fifth, the relationship between price and volume on the candlestick chart to analyze the relationship between supply and demand. This law sounds simple, but it takes a long time to practice in order to accurately grasp the volume and price. I heard that Wall Street financial institutions are using Wyckoff's trading method to judge the trend of the stock market and look for opportunities. So what exactly is Wyckoff's theory? Today, I will introduce to you the famous Wyckoff transaction method. The background of the birth of Wyckoff theory Wyckoff's theory was proposed by Richard Wyckoff. He was a pioneer in the technical analysis of the stock market in the early 20th century. He and Dow Jones, Gunn, Elliott, and Merrill Lynch are considered the five giants of technical analysis. Wyckoff is good at summarizing his years of failures in stock investment and is committed to introducing individual investors to the rules of the game in the market and the impact of large funds behind them. In 1930, he established the Stock Market Academy. The main course is to introduce how to identify the dealer's process of collecting chips and the process of distributing chips. Till there are still many professional traders and institutional investors applying Wyckoff's method. Two Five Steps of Wyckoff Analysis (1) Determine the current state of the market and possible future trends. Judging the current market trends and future trends can help us decide whether to enter the market and go long or short. (2) Choose stocks that are consistent with market trends. In an uptrend, choose stocks that are trending stronger than the market. In a downtrend, choose stocks that are weaker than the market. (3) Choose stocks whose "reason" equals or exceeds your minimum target. An important part of Wyckoff's trading selection and management is his unique method of using long-term and short-term trading point forecasts to determine price targets. In Wyckoff's basic law of "causality", the horizontal P&F count within the trading range represents the cause, and subsequent price changes represent the result. (4) Make sure that the stock is ready to move. (5) When the stock market index reverses, there must be contingency measures Three-quarters of the stocks are moving in line with the market. Grasping the market trends can increase the success rate of transactions. Wyckoff's price cycle Wyckoff believes that through detailed supply and demand analysis, including research on price behavior, volume, and time. The market can be understood and predicted. Wyckoff's 3-Laws Wyckoff’s icon analysis method is based on three laws, which affect all aspects of stock analysis. For example, the forecast of the market and individual stocks, how to select stocks, and the appropriate points to enter the market. 1. The principle of supply and demand determines the direction of the price. When supply is less than demand, prices will rise; when supply exceeds demand, prices will fall. Traders can analyze the relationship between supply and demand through the relationship between price and volume on the K-line chart. This law sounds simple, but it takes a long time to practice to accurately grasp the relationship between volume and price. 2. The principle of causality can explain the magnitude of future price rises and falls. Causality can help investors predict target prices. Calculate the size of the future market by calculating the chips in the sideways interval. You can use a point and figure chart to analyze the cause and predict the result. The "cause" is the number of points in the horizontal interval in the point and figure chart, and the "effect" is the ups and downs of the stock price caused by these points. 3. The principle of inconsistent volume and price can provide an early warning of trend changes. Inconsistency between volume and stock prices is often a signal of a change in trend. For example, in the case of continuous heavy volume, the increase in stock prices is getting smaller and smaller. This phenomenon shows that the dealer is shipping. Application of Wyckoff Transaction Law Let's use the dollar index to explain some of Wyckoff's concepts. The long-term bear market after its peak in 2001 ended in 2009. The fall method without resistance from 2001 to 2005 has proved to be an oversold market, and then the rebound in 2005 was relatively large, which we call the market-to-sales ratio (PS), and the subsequent fall speed tells us that the trigeminal indicator (SC) occurred NS. Looking at the increase in AR, the loss of SC is almost flattened, and the resistance of the supply line is completely negated, which shows that demand has absorbed the selling in the supply area. Wyckoff believes that the popularity indicator (AR) is the beginning of the true volatility (TR). Whether this TR is distributed or demanded depends on subsequent development. During the development of TR, CM's methods began to show. From their behavioral characteristics, it can be seen that this TR is a collection and distribution. Of course, after knowing the accumulation or distribution, you also know whether the market outlook is entering a bull market or continuing a bear market. In 2009 and 2011, the position of the ST tells us that the demand is greater than the supply. Otherwise, the demand generated on the SC will be absorbed by the large supply, causing the bear market to continue. Based on these characteristics, we judged that the accumulation may be greater than the distribution. Because if it is a distribution, the supply is still surplus, then any demand accumulated by the rebound will not help, and the price can only continue to look for greater demand. In conclusion: For the Wyckoff transaction law, many professional traders are using it, but the retail public is still not widely used. The completeness, systematicness, and logic of Wyckoff's method, as well as the ability to find high-probability and high-yield transactions, make his stock selection method and investment strategy stand the test of time. Wyckoff’s training methods enable investors to make sensible, fact-based trading decisions without being disturbed by emotions. Using the Wyckoff method, traders can put funds on the side of the smart money that is the main force in the market. As the content of Wyckoff transaction law is more, more knowledge about Wyckoff transaction law, I will write another article to introduce to you.Educationby forextidings5520
Wave 2 retracement possibilitiesPossible Wave 2 retracement probabilities in graphical representation..Educationby ShubhamKatiyar0
SBI MAY GO UP Sbi looking bullish .. Sbi first Target 440 With Stoploss of 400 ↗️↗️💹💹Longby sourabh2033GOALS112
SBIN may go up ..Sbi India me go up from this level.. First Target is 440 level Stoploss will be 400 .. Longby sourabh2033GOALS4
SBI Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls, 200 EMA and Supports Nearby. Risk Reward Ratio - 1.5:1 SL is placed below support zone & the lower trendline. The target is placed near all time high.Longby tradewidmufeeth3
SBIN CHART VIEW SBIN CHART:- 23.08.2021 VIEW (H&S) pattern IF break neckline and hold 412 then next target you should buy also this current price as per yours risk management.. that's only education purpose analysis if u take trade take risk your own.. Longby POWER_OF_STOCK_ANALYSIS112
SBI, 4h, at support if it take support from trend line or 200 ema than we can go for long for swing of 463 T, and its also good support at bottom wait emd watch for price action buildup Longby umeshusp0
SBIN showing on edgeSBI is on edge SBIN seems bearish 1. Main Trendline broken 2. But second trendline still intake alogn with Fib level last chance is nearest Fib level if taken support or it may take deep dip. 3. For now Rsi showing no sign of bullishness 3. 50 Ema support broken after long time by AsifHussain999111
going long in sbinin 30 min brackout so go long when retest done and long single appears enjoyLongby UnknownUnicorn81930970
#sbi daily chart This chart is showing the imp of bollinger band , we should select those stock where band is getting squeezed or in consolidation phase .Longby ambrishtiwari6752
SBI HOURLY CHART SBI have a stiff resistence around 433 , if crossed then 444 and if 444 crossed then 467Longby ambrishtiwari6750
Buy SBIN - Positional- Cup and Handle PatternRefer chart for details Positional Traders : Target 485 Short term to long term investors : Target 525Longby Karthick1985Updated 0