Sbinanalysis
Science Backed by Data[SBIN Series]: SBIN looks BullishNSE:SBIN looks bullish on 15 min chart with ichimoku cloud showing bullish breakout. RSI looks to be trending bullish. Initial immediate targets looks 192.10/194.55 with immediate Stoploss of 187.25 for risky traders or for brave traders 186.30/185.25.
For swing traders first target is 202.50 and then with trailing stoploss till 210-215.
If you are interested in what sectors are doing good, look for this analysis in related ideas.
CNXPHARMA
AuroPharma
Britannia
Reliance are leaders from last week. CNXIT is emerging as a fast challenger beating CNXFMCG . BankNifty is still a poor laggard.
July Performance
2020 Performance
Waiting For Breakout / Down From SBINHello guys as you can see SBIN get Multiple Rejection from resistance 1 also making a traingle pattern
So a breakout/down.., I simply waiting for Breakout/Down.
SBIN, Bulls looking to level 200SBIN has hold the support at level of 170
And, now had moved from that level to 180
I will be long at a good position
SBI Monthly taking bounce from Demand ZoneNSE:SBIN looks like it is bouncing from demand zone on a monthly timeframe.
If this demand fails, we can see it in double digits.
SBI breaks out - into - Supply Zone with a positive biasNSE:SBIN clearly looks bullish, as it is in supply zone currently, long traders may hedge their positions with call short.
sbi nr to demand area!personally i don't feel comfortable, investing in psu banks, there are several reason for that.
SBIN SBI State Bank of India Easy Target 230 SBIN State Bank of India looking bullish with Easy Target TP1 230 TP2 245/250
SBIN - Red Game SBIN is continous down trend in monthly / weekly / daily time frames.
Below all averages
Considering the current banking sector trend... clear short opportunity... unless NIFTY Trend is strong positive.
Add to watch list & grab short opportunity
SBI -IS it Ready to take deep dive again ?? what are your views In the previous post we talked about sbi heading towards 140 levels and its almost near those levels.
Now 143-140 is an important zone for the stock, if this zone doesn't take the price up, chances are stock is getting ready to take a deep dive again.
Investor stay away from the stock, its not a cheap bargain yet and let the stock settle and make its way.
SBI Bank -Long Term View -300% Potential Growth in next 2-3 YearHello Everyone,
SBI Bank is in our First Demand zone. Our first Investment is @165 and second and strongest demand zone level is 92-100. so questions is how to Invest in SBIBANK.
Well start a strategical Investment like if you want to Invest 100 rupees in SBI bank then Invest 30 rupees at current price and give some time to see that how stock perform in next couple of month. If stock start to close above 200 then you can go rest 70 rupees In case stock declined this price and go more low then Invest rest funds at 92-100. Target is 300% in next 2-3 Years.
SBI | Still showing weakness | Downtrend continuesFriends, please support this idea with LIKE if you find it useful.
Downtrend continues. Use the pullback to get in.
Thank you for your support, I appreciate it.
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.
JUST AN GUESS AND BASICSanyone can please reply if it is correct or whats wrong and give me suggestion to improve that
STATE BANK OF INDIALossing momentum wait for a short position because those weekly gap doesn't like to be unfilled.
