SBIN trade ideas
SBI has nearly 38% upside..Sbi is going to hit 593 minimum as soon as possible... . Thought market would have minimum correction
.. but it didnt give up and likely to have break out.... sbi is in upper territory... and going to hit 593 for sure
SBIN SBIN THE INITIAL UP MOVE THE STOCK SAW
A PULLBACK TOWARD ITS BREAKOUT ZONE
@tradingandeducation
MORE UPDATE - 7007501315
SBIN LONG INTRADAY 5 JUL,2021Dear trader,
If u look at the chart of SBIN (analysis based intraday only) the SBIN Buy at 424 and Target at 431
Best Buy at 421.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
STATE BANK OF INDIA 1DThis is only of educational purpose. Before taking the trade do your own analysis
I am not a SEBI analyist
Classic Cup & Handle formation on daily frame with a breakout the neckline.
Buy above 428
Keep stop loss at 402
Target 470/539
Time frame :
Target1 2 months
Target2 4 months
SBI trend line break out... short term buy Descending trend line break out in 1 hr timeframe... Short term buy... Target 442
SBI in a RangeCurrently, SBI is in a range and it has formed a descending triangle. The 417-421 range looks like good support. Let's wait for the breakout on either side.
Monthly Bearishness on SBINStock seems to be overbought and correction to the downside is inevitable before it reaches new highs
Is swing trading more profitable than long-term investment?Look at the image below. Let me give you a small example. This is the real chart of the State Bank of India.
I have coded swing trader in black and long-term investor in blue for your easy understanding.
In the first scenario, both the swing trader and the long-term investor bought SBI at the same level.
After a month the swing trader sold his holdings and made 60% on his capital of 1 lakh. Now he has 1 lakh 60 thousand. But the long-term investor didn’t sell.
Again the prices of the stock went down and the swing trader got an opportunity to buy in dip. The swing trader sold his positions and made 36% this time. Now he has (1 lakh 60 thousand) + 36% that is 2 lakh 17 thousand.
This time the long-term investor sold his holdings and made 64% total. He has now 1 lakh 64 thousand.
Everybody trades the swings. Nobody buys in dip and sells in the dip. That is just foolishness. Some people trade the larger time frames and some people smaller time frames.
SBI Looking Bullish• SBI is approaching the resistance Level if it breaks with a bullish candle above The resistance then it will be a great area of value for Buy.
*If You like my idea Do like and comment*
*And also tell me if SBI is on your list to buy *
