SBIN trade ideas
SBIN Potential Positional / Swing Trade Hi... Investors
Every-time when we pick any stock for technical analysis, first we do multi time-frame analysis.
In technical analysis of SBIN on multi time-frames.
Weekly Time Frame We seen a channel, where stock trading in range of 100-130 points in every swing, each swing taking 20-30 trading sessions to complete.
Daily Time Frame on technical hand we found a Dragon Fly Doji on 14.08.2023 and consolidation of 4 trading sessions.
Levels According to me we can stand a short term position for 20-30 trading sessions on cmp (573) for first target of 620 (8%), 640 (12%) and then 680+ (18%)
Disclaimer:- I'm not SEBI certified advisor. I just shared my view over this particular stock according to my knowledge. I could be wrong. I'm not offer you to buy. You are advise to take advise from your financial advisor before trade.
SBIN--Head & ShouldersThis stock is now in consolidation..
Head and shoulders pattern is detected...
If consolidation with rise, happens we have a chance of fall back to the below neckline...
keep look for sell when price reaches the right shoulder.
SBIN down trend SBIN formation of down trend channel , bullish only trade above 568 on hourly closing.
SBIN Analysis ??A strong push to the top side is observed from this zone...
price created a bullish channel...
today broken the channel if tomorrow price retest and may fall back or if failed to fall a strong rise is observed.
keep look for long...
SBIN _ Swing TradeSBIN is in a channel and currently taking support on its Daily O.B @550 which is also its psychological level. It confirms the shift in structure from bearish to bullish in lower time frame. It can possibly make new all time high in coming session.
SBI BANKI am seeing SBI Bank taking a support on both daily and weekly chart. On weekly chart previous week it makes a long legged dojo which it crosses today.
Above 580 level we can see SBI Bank hitting back to its supply zone around 610-620 levels.
Statebank of India- Nice BreakoutStatebank of India- Nice Breakout
Capital to be deployed- 20k
Investing Price -576
Breakout Price -556
Stoploss -556
Targets-632-726-909
RT for max reach
#sbin #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksToTrade
SBIN CHART BEARISH ENGULFINGSBIN CHART BEARISH ENGULFING 1 Day time frame
so hello guys open your eyes and see this chart, SBIN Sustain upper level hold, (RESISTANCE), and all time and 4th time test this resistance area so open your eyes and see this chart.
sbin bearish engulfing candle create perivious resistance.
UPPER LEVEL- 620 RESISTANCE
SUPPORT- 610 TO 603
HAPPY TRADING.
Wapp Number- 9898774952
SBIN daily viewSBIN now trading at trendline support , if it break in EOD 565 levels expect anther 5% correction
general correction for these levels 10 to 15 % from high. now already correct nearly 10%.
SBIN--Drop Base Drop ??The stock is continuously falling now it is in ranging from last few days....
before going to break below if it gives us retracement to sell again...
Keep track this for sell...
If it is continuously falls A drop base drop is going to observe...
SBIN levels for next weekNext week should hold 565 , closes below its bearish, above close 580 in Monday its bullish, major resistance on Monday 580,582.
SBI VIEW ON MONDAY Sbi closes first 15 min candle above 578 on Monday , entry , target 584/ 585, next target 590/592
SBI set for min 20% potential gainthough this stock is at altime high but its profit is increasing with decrease in NPA every quarter.
its PE ratio still low with high price.its minimum target shuld be 725 with 20% potential gain
State Bank Of IndiaLong Term Tend is bullish still and stock didn't break the trend line but always swinged upside from the trendline as long term view. So according my decision and analysis if stock go down from the trend line we should take the buy on dip strategy in the biggest PSU bank of India.
According the news brokerage houses are bullish on this stock.
It is not my recommendation. It is my own study and analysis. Kindly invest after concern your financial adviser.
#largecapstock #Nifty50 #Longterm #fundamental
SBI in Strong Buying Zone SBI is looking attractive at current levels. Respecting trendline support.
Swing trade 626 breakout price
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
STATE BANK OF INDIABuy SBI at Current Levels.
Tgt: 615
SL: 577
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.
SBINSBIN
This is 2hr chart of SBIN...
Negative WW pattern developed in it ...
As long as price stays below red line...
it would be looking to touch blue and black lines respectively
Just a View!!
Vedang :)
Chart is for study purpose only!!
