Double TopShin made double top Pattern in 1 hour time Frame char Whenever Price break The Neckline downside I will Be Great opportunity To short the Stock and This price unable to make new High there are two significant sign for shorting opportunity
SBIN trade ideas
SBI Sell (Triple top formation on daily chart)
Due to the formation of triple top
prices are expected to go down.
Major support zones or Take Profit areas:
400 (best TP: above 401 )
353(TP: above 356)(0.5 fib retracement)
332 (Historical supp/resist zone)
The price is expected to fall to around 353 and could possibly fall to 332.
SBIsbi in trading range since long. it is showing weakness. Two tops n two lower low. Currently at support. background is weak.
Bullish in SBI AT 465I am Bullish in SBI at 465 , stop loss 462 , Target 472.
Seeing some trends i think there will be a bull move.
Note- Not a trading or investment advise. Always consult your broker or financial expert before trading or investment decisions.
SBI looks ready to give a breakdown.Weekly and daily triple top formation along with a small double top pullback with weak banknifty sentiments just makes this trade perfect. LMK if my analysis is right ;). Short term if the trend line is broken then an imp fib level is also broken but once 440- 434 levels are broken im expecting some good downfall
Regards
HASB
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BULLISHIn the loving memory of my child Muffin I present you this chart analysis... ...please take trade after strong candle pattern confirmation or rejection from support/resistance ...if my chart analysis helps you and makes you smile then please do " LIKE" ... it will help me a lot and encourage me to do more hard work in chart fundamental and technical analysis ...
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SBINSBIN broke out of triangle pattern n is comfortable trading above it on an hourly charts.
Could be bought with mentioned stoploss & targets.
head and shoulders in sbihead and shoulders in sbi, we can expect downfall from here a minimum of 100 rs as first downfall target as per pattern
STATE BK OF INDIA Daily VERTICAL DOTTED LINE is Ultra high volume down bar
Higher volume-Professionals are buying into the public sellin
CONFLUENCE OF 2 Bulllish Patterns Strong zone BAT & Crab
Earlier this Pattern given good reaction on BAT Type1 entry & both target hit now price again came into PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL and formation of another BULLISH CRAB making it as STRONG POTENTIAL REVERSAL ZONE
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
SBI do or dieTrading near important support.
Breaking below 444 will trigger some selling that can drag sbi till 400.
400 level is good support to go long.
On the flip side if managed to close above 450 will take it up to 500.
SBINSBIN broke out of parrallel channel on an hourly chart with very good volumes.
Could be bought with mentioned stop-loss & targets
SBI weekly chart double bottom what next Can any one say what next sbi showing double bottom in weekly chart
SBIN FORCAST : SELL- on the weekly chart :a clear selling signal in last week's candle
- on the daily chart : big red candle shows the presence of an important selling pressure
- personal opinion : the price will fluctuat a little but settle on a down trend
- best move : SELL
SBI Clear Head & Shoulder PatternRight now SBI is having a clear resistant line where it is making the head and shoulder pattern which is going in the right direction. So do your analysis and enter the trade.
SBINSbin made bullish butterfly pattern on an hourly chart with decent volumes & mammoth OI in 500 CE & trading above 500 hints at massive short covering.
Could be bought with mentioned stoploss & targets.
SBI 500 CE cmp 20 stoploss 17.20 target 25.
SBIN | Good Short Opportunity.When it comes to the technical analysis of SBIN, you might get an impulse to the downside. Based on my technical analysis, you might see a fall to the downside. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area. And also don't forget to place the stop just above the entry area.
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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.
