SBILIFE NSE BULLISHVIEW ABOVE 1270 CMP 1286SBILIFE NSE is bullish if 1270 holds. New Lifetime High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco. Not Sebi Registered.
SBILIFE trade ideas
Everyday with one Equity Intraday Profitable Idea:-SBILIFESBILIFE Breakout in the daily timeframe. but it should consolidate in a smaller timeframe. That's why I have drawn two imaginary expected paths of SBILIFE.
Buying area is 1148 to 50. SL 15 points. Target-1164,1170
or you can buy above 1162 for the target of 1172. In this case, the target is very small but the target can be achieved very fast.
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SBILIFE - long viewThe stock has created a good base at the level range of 1016 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 1293levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your trades.
Thanks & Regards,
If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement
SBILIFESbi life bouncing back from a strong support zone.
It is a risky trade as the market is still not looking to move upwards.
But good to add some quantities with limited risk and keeping strict STOPLOSS of around 1085 levels.
Trade safe. Manage risk. Be profitable.
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Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
