SBI Life view for intraday 30th Sept
Descending channel breakout expecation...
Follow strict risk reward and stop loss for getting good profit...
Consider it for educational purposes...Analysis from your end before trade...
SBILIFE is facing resistance at 1186 level.
one can short SBILIFE.
RSI is also going downside.
MACD is upto give negative crossover.
target - 1107
stoploss - 1184
target and stoploss is decided on the basis of FIB Retracement.
The stock has created a good base at the level range of 1016 levels.
As you can see the stock has taken support around this area and moved upwards.
It reached a high of 1293levels before crumbling to huge selling pressures.
The stock is trying to make its way back to the top.
I have presented my views on the chart with levels that can help you take your...
Sbi life bouncing back from a strong support zone.
It is a risky trade as the market is still not looking to move upwards.
But good to add some quantities with limited risk and keeping strict STOPLOSS of around 1085 levels.
Trade safe. Manage risk. Be profitable.
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Dear traders ,
Elliott baba has been predicted on elliot wave theory that SBI life is about to touch New High in few days . Below are the levels .
BUY SBILIFE @ 1235
TGT - 1260,1300,1350,1400
SL - 1200
Thankyou,
Elliott BaBA
Hello Traders,
This time SBI Life is showing very strong Up move on daily and weekly chart so we must go Long above 1225 with SL 1165 for Target 1350 ! have a safe trade !!
Dear trader,
If u look at the chart of SBILIFE (analysis based intraday only) the SBILIFE Buy at 1110 and Target at 1125
Best Buy at 1105.
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...
