SBIN - State Bank of India Just for Educational Purposes. Feel free to make any suggestions or corrections.
SBIN trade ideas
sbin 15 min chart viewonce give a close above or below resistance and support a good momentum possibly sideways move can be seen next week. right now view is positive although everything depends on opening on monday morning.
STATE BK OF INDIA 4HR Bearish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
STATE BK OF INDIA Daily Bearish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
SBINThere are no strong buyers in the Market ... Short term mode is SELL but wont recommend going with sell side
****SBIN is currently in Sideways trend and current very short term mode is sell
In Jun series SBIN future shed 25.47 lakh position in Open Interest also not that the open interest is not increasing with uptrend so be careful and discount of share is also increasing so buyer be cautious At current price strike the activity is tilted to call side and ratio still strong
Stop loss and targets are clearly mentioned in the chart
Short sbin for swingMore chances are to form double top pattern.and rsi is also giving signle to short and that doji on resistance.
Buy SBINBuy SBIN abv 426
stoploss415
trgt-430-435-440
Disclaimer: The above is shared just for educational purpose and is my personal view.
By no means shall I be accountable for any debits/losses amounting out of it.
I am not a SEBI registered Analyst, so please consult your Investment Advisor and take rational decisions
Sbi bankLooks like sbi bank is forming double top formation on daily time frame. If it is so then sbi is good for swing trade . Let's wait and watch what it is going to do .
