SBIN trade ideas
SBIN-Bearish gap is filled or may reversal.SBIN is showing Bullish pressure.
bullishness is continue or Reversal May Happen at 545 levels.
Previously A strong selling pressure is observed at 545 level ,look at the reaction at these levels to go upside or downside.
if acts as resistance more fall is going to observe. keep an eye at these levels.
SBIN in Downtrend (Bearish Crossover ) in Daily TimeframeAs we can see SBIN is retsesting. So as per Fib retracement it can take resistance at 525.95 and 541.65. These are importance price level for retesting. For being in downtrent SBIN should respect these levels. I hope this analysis can help you to understant broader view of SBIN.
SBIN Conditional Buy levels 28.03.2023This is conditional buy view on NSE:SBIN . If 45min candle closed above 515, we can make a entry with stop loss of 507. My expected upside target will be 528.00. It would be positional trade for 1-2 days.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
SBIN 1D (21 MARCH 2023)NSE:SBIN
520 STRONG SUPPORT.
All important levels are drawn in the chart.Work with risk reward ratio. not taking a trade is also a trade.
A trade cant change anything keep in your mind,if you think one trade can change your life then you are doing gambling in the market.take calculated risk.
this is only for educational purpose. before taking trade take advice from your financial advisor.
STATE BANK OF INDIA : Trend Reversal..!All PSU Banks are making Base and value buying. Which is one of the SBIN Stock on Daily TF we can see that Volatility Divergence was made from last couple of week. with not volume support. But today Bank Nifty and all PSU Bank Sector going well and made strong Base. With Bank Nifty Support all PSU Bank performing well and ready for going upside. Today SBIN break the volatility Squeez and given higher closing with high volume. Momentum Support with Daily and weekly Basis. Now all PSU Banks along with leading State bank of India ready for going upside.
Entry : CMP
SL: 536
Upside Move : 596