Breaks Trendline ... And also make W pattern and also retest the resistance... So go for it .. Now 🔥🔥🚀🚀🥳🥳👍🏻👍🏻
The idea is based on the Elliott Wave Theory. The rally in PSU Banks seems incomplete and SBI could reach higher levels before making a corrective move. If the ending diagonal doesn't invalidate, a reversal is likely from the upper trendline.
SBIN took good support on trendline (from 2019) despite of fall in recent days. So, target would be around 700 in 3-4 months considering the trendlines pattern. You can see upper trendline cut through candles but it's to showcase the width of trendline till 2019 in various cases, it acted as resistance. Note: this is just an educational purposes and not a...
NSE:SBIN has sharply fallen from a downward channel. Now forming a pennant pattern. Though it is bearish pattern it is tough to take a view on it. The best idea will be follow the price. The probable targets are mentioned on either side. Put a tight stop loss
SBIN view for today 6th Feb SBIN.. Touched support zone... reversal started.. Please follow strict risk reward and stop loss if u follow the level Thanks, V Trade Point
SBIN cmp 538 Good support area at zone marked. Positional/swing
SBI day chart where strong support zone is : 568 Below it goes weak Resistance zone is : 605 which is swing high
525-535 IS is an important level for sbi bank.this level is 50%fibonacci retracement level of last move and also it has the huge volume happening in this level which is showing in the fixed range volume profile.so let"s see what happened if it corrects or not and if so how this level reacts in this movment?
Best risk and reward idea for NSE:SBIN is to take entry at 603 with stop loss of 586 (-17 Points). My expected upside target will be 652 (+49 Points). Note: This is my personal analysis, only for learning. Thanks.
Preparing for a breakout, keep this in radar... once broken the range then we can see a good upside move.
Chart pattern formed is bearish Engulfing on daily chart. SL is 629.55 If it breaks low of 602.10 then target on daily chart would be 574.65.
#SBIN : King of PSU Banks in a kind of Flag structure, Breakout Candidate Soon. Good Strength in all 3 Time Frame (D/W/M) Banking Sector will Grow as long as Indian Economy grows. Take 10% & keep Trailling. Happy Trading !!! Keep Sharing, Loving & following to Learn more.
The Scrip is consolidating for a long time and now its preparing to breakout after forming Cup & Handle pattern, keep this in radar, can give a good move
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
*SBI Life Insurance* Time Frame: Daily Observation: * Cup & Handle Pattern formation * Mean(EMA) Diversion on daily time frame Resistance/Target: 1359 1452 1546 1604 Support: 1205 1167
SBI is looking for fresh new life time high. Based on price and delivery percentage. Feature data also suggested long build up.
I have drawn many things in this idea, stay with me till the end, and I will clear you. first, let me talk about the future trend(because based on that and my prediction I have drawn the rest drawings), the future trend is the dark black line(drawn both support and resistance). the trend is based on the markets getting consolidated and its reaction shown by nifty...