SBIA trade ideas
SBIN 30MNBEARISH Bat Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY .ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR.
With RSI Below 70 & IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
SBIN 30MNBEARISH Shark
If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL SELL
SBIN looks interesting in day chartsIf it closes above 200.5 its clear road for sbi to skyrocket expected returns around 15-20% for short term
STATE BANK OF INDIA After a long consolidation making an inverse HNS it broke out with a good volume. This is already a good entry point but for the more safer investors, entry above 213 would be ideal.
SBIN Not a confident Long1. SBIN Trading in that crap channel since long time.
2. Expecting a new range of trade
3. Immediate target of 210 or a stop loss of 192 (I entered at 192.5) this crap made me miss lot of opportunities. Low^Low confidence trade.
SBIN can test 180 if neckline support brokenTomorrow crucial day for SBIN. If neckline support is breached then 180 is next support
SBI LongDetails are on chart.
Entry point is 197 and expected target should be 215.
Please do your own analysis before making any trade.
SBIN - Buyers Active at Support It has been observed that the price action formed a ascending triangle on chart and then breaks a strong bullish candlestick breaks above the ascending triangle and the resistance zone. Then the price action falls back to support where bullish buyers showed buying again indicating a further move up.
Expected Target: T-210, 220 & SL - 190 (1:3, 1:5)
SBIN -- INTRADAY TRADING SETUP FOR 18 AUG 2020 1 THIS IS FOR ONIY EDUCATION
2 ENTRY WHEN TRENDLINE BREAK WITH VOLUME
TARGET ; T1 189.5 T2 185.7 T3 181.40
SL ; 193.90
STATE BK OF INDIA 1HRBEARISH Crab@1.618XA.
RED HORIZONTAL LINES are DAILY RESISTANCE & SUPPORT
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. Low volume shows no interest to the upside from “Smart Money” so prices will not go higher.
If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL SELL
seems SBIN giving breakout from ascending triangle seems SBIN giving breakout from ascending triangle and its trading near 200DMA
