SBI Clear Head & Shoulder PatternRight now SBI is having a clear resistant line where it is making the head and shoulder pattern which is going in the right direction. So do your analysis and enter the trade.
SBIN trade ideas
SBINSbin made bullish butterfly pattern on an hourly chart with decent volumes & mammoth OI in 500 CE & trading above 500 hints at massive short covering.
Could be bought with mentioned stoploss & targets.
SBI 500 CE cmp 20 stoploss 17.20 target 25.
SBIN | Good Short Opportunity.When it comes to the technical analysis of SBIN, you might get an impulse to the downside. Based on my technical analysis, you might see a fall to the downside. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just above the entry area.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
If you find this technical analysis useful, please like & share our ideas with the community.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Simple Trade Setup | SBIN | 18-04-2022 [INTRADAY]NSE:SBIN
Trade Setup for 18-04-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
State Bank of India - Long opportunityA retrace on the daily chart appears possible on the cards, but eventually price may attempt to reach the marked levels on the chart. My view is based on Fibonacci levels. Let's see.
SBIN buy or intraday tradingSBIN buy or intraday trading if stock and BANKNIFTY also strong then we will buy the stock.........
sbinSBI is trading @ multi month suppport area of 430, SBI broke out of this level of 435 in september 2021 & made new highs thereafter.
Could be bought with mentioned stoploss & targets.
STATE BK OF INDIA Daily Bullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
SBIN buystrong buying indication from that green canddle indicate the market will keep going up the next majore level
Bullish on SBI if manaes to cross 442 levels in next trading dayTomorrow also the scenerio is same , If SBI share manage to cross 442 levels , There we may witness a strong bull run with target of 448 and stop loss of 437.
SBI (Long)Its above 200 EMA on 1 Day chart.
volume increasing.
Its in uptrend now.
rest all levels as mentioned on the chart.
Please do correlate by yourself also on charts. This is for paper trading and educational purpose only. Must consult your Financial advisor before investing.
SBIN - NSE - Possible setup.SBIN- made lower low (bearish trend) with the bullish candle stick pattern, it may retest the 490 & might be the lower high.
Bias Long
Buy 451-438
SL 425
TP 1: 477
TP 2 490
Bearish at 439 in SBI with Target of 430 , stop loss 445 .Seeing the possibility i am bearish at 439 in SBI an dwith stop loss 445 , Target 430.
SBI ABC setup is suggesting a sharp up moveThe stock is following wave ABC pattern.
As long as recent low holds we can see a sharp up move.
Let it pull back and do retracement
then it will be a confirm reversal for 550.
SBI | Longterm and Short term Viewbuy at 518
SUP levels mentioned in the chart
fundamentally strong
currently reached global maxima
Double Top (Premature)Spotted Double top structure(Premature) in #SBIN
Wait for neckline breakdown...
#StocksToTrade #StocksInFocus #StockToWatch #StockMarketindia
#breakdownstocks #StockMarket
BULLISH AT 486.9 , TARGET 492 , STOP LOSS 484I see an opportunity and momentum , with stop loss and tagret. The flow is bullish as per my workings , but a sudden sharp move may impact.
SBINHello and welcome to this analysis on STATE BANK OF INDIA
On FEB 15, it showed a very strong reversal after 5 days of steady decline from 550 to sub 500.
Currently on the hourly time frame it is completing a bullish flag and pole pattern suggesting upside levels of 535-540 as long as it does not break below 510.
Good Risk Reward set up here
SBIN | Good Sell Opportunity. Go Short!If you find this technical analysis useful, please like & share our ideas with the community.
What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis.
Good Luck!
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
