SBI Major MoveRSI is in overbought zone and needs to cool down to have another big move. If it stays above 400 for net 3 weeks we can go to 600 or else it wont be able to break the resistance line and can fall down to 300 or 276. That is where I will enter in long position. I took my profits.by profittraders230
SBI- Will it proclaim the throne of biggest lender?The stock has broken out of 10 years of range. Volumes like that were seen a decade ago atleast. Is smart money giving another attempt to India's Biggest lender? Will it Exceed HDFC Bank's Market Cap this bull run. Well, time will tell. Longby YashSeth1
Reason for SBIN breakoutA major upper trendline was broken with a slight heavier volume , then retested and was bounced back from a crucial support level which was provided by the trendline that was earlier broken NSE:SBIN .by kushal_jain_6
SBI bank Ready for Correction and enter into 4th wave. according to Gann Theory SBI 1 unit of price/day = the motion of the earth around the sun such as we can see in the chart. it shows price and time balancing from 22 may 2020 to 05 Feb. 2021. and 2nd wave is so consolidate it indicate 4th wave will be sharp.Shortby Next_Waves0
SBIN { 30 M short }Stock gapped and IB formed , Good to short now if breaks Rest is as per charts Note :- Entry - At the break of mentioned candle's low/high Stop Loss - In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change You can use any one of above mentioned or your own way to manage risk Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned. Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to itShortby ShivamMendhare0
HOW TO INVEST IN SBI ? and WHY SBI IS NOT FOR TRADERS? COMPLETE PRICE ACTION : SBI IS ONLY FOR INVESTORS WHO WISH TO INVEST AND FORGET. AFTER 1 YEAR/2 YEARS YOU CAN SELL AND TAKE OUT PROFITS . BUY WHEN THE PRICE HITS - SUPPORT LIN E +RSI BELOW 30 SELL WHEN THE PRICE HITS - RESISTANCE LINE OF THE CHANNEL + RSI ABOVE 75 USE ALONG WITH USE RSI- TEAMGAPUP FOR EXTRA CONFIRMATION. Do the same only when both the conditions are meet. May be if this year if there is no break out .You can use the same logic above. Lets see if this could be a 12th year to follow the same channel why its not for traders ? Because it hardly takes 1year to 2 year to travel to the opposite direction,where day traders cannot be benefitted by teamGapup115
SBIN at monthly supply Short entry can be taken at daily supplies which are nested with monthly. Trend line also broken( daily)Shortby TechnicalStormer0
SBINMulti-Year breakout Ascending channel breakout is possible as share seems to be exhausted. Shortby btarang29111
SBI 13/01/2021 updated after 1St TP achievedHi this analyze is base on my preview video analyze of the same ticker www.tradingview.com as we can see our first target was 300 to 310 Rs which we had achieved and now we are crossing the 161.8% fib projection which is also called as extension zone in Fibonacci jargon and it gets interpreted that once we touch this zoon after crossing the 127% of the same fib, then we can expect the trend to reach the 261.8% of the same fib projection which I have specified with the TP Zone Box (350Rs) we may have a renege and consolidation period as we are breaking trough a tough resistance zone which i have specified with the red box. or a little bit correction to 127% of fib but the ultimate target is to cross the resistance zone and hitting our target price of 350Rs please comment your opinions Longby BitonGroupUpdated 5
Bearish Head & Shoulder Pattern in SBIN for coming sessionsThis analysis is purely for intraday or STBT trades. Red lines or bars represents resistance. Green bars/lines represents support. Yellow horizontal bar represent the current price level State Bank of India appears to forming the right shoulder of "Bearish Head & Shoulder Pattern" in Hourly as well as 5 minutes Time frame. The neckline seems to be near 192 level. If that level is broken with volume and price sustains below that level.. then the support of 185 level may be seen quickly. Advice would be to see the price action at the current level (yellow horizontal bar in the chart). if that level is broken with volume then price will go down to complete the neck line.by AdityaKarn90Updated 2
STATE BK OF INDIA Daily Confluence of WEEKLY BEARISH BAT + Daily BEARISH Bat & CRAB @1.902XA STRONG potential reversal zone RSI MUST BE BELOW 70 FOR CONFIRMING SELLShortby PriceActionTradervsa7
STATE BK OF INDIA weekly REVERSAL From BIGGER Bat or From SMALLER Bat ? Within 3-5 price bars need confirmed from a BEARISH CANDLE , with RSI Below 70 , then POTENTIAL SELL Shortby PriceActionTradervsa2
SBI Shorthi we can see a head and shoulder SBI is on short and there exist a monthly support which may stop bearish trendShortby BitonGroupUpdated 5
SBIN (State Bank of India) Daily Longhi it is a Daily analysis of SBIN and we can see the retrace on the price due to Covid-19 is now close to 50% Fibonacci level and it can have a touch on 61.8% too and then a big reversal and it will touch the 100% of Fibonacci expansion we can notice a divergence in MACD too which is an other reversal sign and when combined with Fibonacci levels we can see we will face a big boost in the business post Corona Crisis market may be renege for sometime but the ultimate move isLongby BitonGroupUpdated 5
SBI NSE 2021 quarterly analysis with time speculationsHi here we have a complete Price Action and Fibonacci analysis with specifying the time zone speculation of upcoming events we are mainly bullish on it as nifty also is bullish these days but still we have chances of retracement we we can not break the current price and which is 61.8% of our bearish retracement Fib level ( Price: 280.00) and if so then we may have an other bearish wave down which is less likely to happen but yet there are some chances and the market is very dynamic in finance sectors and any thing may happen please share you opinions in the comment section for me. and if you are interested in my work please follow and ask me your instrument so we will analyze it for you thanks07:12by BitonGroupUpdated 339
SBIN OutllookSBIN can be shorted below the provided support level as the nifty psu index is showing bearish structure.Shortby tradewith230
State Bank Of India - Price may fall.Hi Traders, The price of SBI has broken the upper channel which is an indication of exhaustion. There is a key zone at 297 - 314 levels which is in confluence with a Fibonacci retracement level, So we can expect the start of a bearish cycle from these zones. The price can react with the golden zone but the overall momentum will be bearish. If price manage to break the key market structure, we can confirm the start of the bearish cycle which will result in the break of the trendline. Note:- 1. The key market structure can change if price tests the Key zone at 297 - 314 levels. 2. This analysis can be used only for long term positions. 3. This analysis is done based on technical analysis without considering any fundamentals. Pls comment below for any queries. Happy trading.... Shortby Hari_krishnan_S_Kumar220
SBIN - Breakout- Long Watchout SBIN Currently at important trendline level - if breaks and sustains - we can see 280/295/300+ levels in very short period. Look at the market trend and take the trade. Longby rvc8280Updated 0
SBI CREATING RISING WEDGE Only for educational purposes SBI will come down for corrective wave 4.Shortby Aariff4561
SBIN STRONG BULLISHCan long for the targets of 300 as the first target, the Second target will be 370 with a stoploss of 270 if crosses 370-400 range SBIN has a very big room for the bullish movement.Longby taqihusainn0