Volumes looks good at closing, but would wait for it to cross 782.5 for a target of 795, and once that its breached, direct 845 in making.
forming ascending triangle..breakout from 780
SBI LIFE ISURANCE CAN TAKE LONG POSITION
better to wait for 280 to break, right now i am going short setting a stoploss of 784
In Ascending triangle making higher LOWs approaching previous ATH. I expect this to break out & make new ATH.
SBI LIFE INSURANCE CMP.836 LOOKS GOOD FOR SHORT TERM TO MEDIUM TERM STOP LOSS 777 . IF IT CROSS 866 AND SUSTAIN WE CAN SEE MORE UPSIDE
Tell me one solid Reason for 50% Up move in less than 6 months from 550 to 800. Respond in Comment Section.
NSE:SBILIFE buy initiate for 15 Nov 2018 using 1 hour chart based on Fibonacci levels, check below Buy level : Buy Above : 590.7 Stop Loss : 582.85 Target : 602.7