SBI Bank ChartThere are multiple lines of support around 790 levels. Though there is also a downward flag pattern, there are multiple levels of support(blue lines) and 2 support trend lines converging at that region. I would use these multiple factors to ape into the trade. Longby rajeshmakki0
Sbin is ready to upmoveThis chart is only study purpose sbinis going to opmove in next time Longby mahesh767001
SBIN upside target 840, 850State Bank of India may see good bullish momentum this week, the stock is on a bullish breakout on the daily chart, breaking which could show the stock a good rally. This stock can also see targets up to 840. The stock has also closed with a gain of five percent in today's session. The stock has also seen a bullish engulfing candlestick pattern on the daily chart indicating a good uptrend in the stock.Longby Sudhir-Sirohi223
Sbi ready for upmoveTriangle breakout in SBI.it looks Ready for next upmove Next level look like 831, 841 Longby sayhi2cooldude7
SBIN: Watch for Breakout - Bullish or Bearish? Bullish Breakout Level: Above ₹832.15 Potential Upside: Targeting ₹899 Bearish Breakout Level: Below ₹794.75 Potential Downside: Targeting ₹731.10 Critical Juncture: The stock is at a key decision point. Monitor closely for a breakout in either direction to plan your trade. by GlobalMarketGuru4
Sbi breakout TimeSbi bank is now on monthly basis deep side there is an important level.now it's gonna be running time.Longby SubhashJi2
SBIN#SBIN : Consider going long on SBIN if it manage to cross 820.80 - 821. It has room for 9 more points. (829 -830)Longby Vasu_devanUpdated 1
STATE BANK OF INDIA S/R Support and Resistance Levels: Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh2
Next Big move on State Bank Of IndiaNext Big move on State Bank Of India Wait for volume confirmation for Longs as price is at the Fib Golden zone, Rejected at order block with fair value gap, Wait for the trend line brake with volume. take a lower time frame long entry to increase risk to reward ratio..Longby gakingofkings4
State Bank of India intraday level for 16th Aug #SBIN State Bank of India intraday level for 16th Aug #SBIN Buying may witness above 811 Support area 803. Below ignoring buying momentum for intraday Selling may witness below 795 Resistance area 803. Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra5
STATE BANK OF INDIA S/R Support and Resistance Levels: Support Levels: These are price points (green line/share) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA: If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It's important to remember that while these indicators can be useful, they are not foolproof. Always consider the broader market context and consult with a qualified financial advisor before making any investment decisions. by zenthosh6
Long ScalpLong Scalp: custom made long scalp indicator giving solid long scalp signals.. by Vasu_devan1
State Bank of India intraday level for 9th Aug #SBIN State Bank of India intraday level for 9th Aug #SBIN Buying may witness above 815 Support area 805. Below ignoring buying momentum for intraday Selling may witness below 789 Resistance area 800 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1
SBIN (State bank Of India)Stock corrected significantly from life time high of 911 made on 3-June-2024 and currently trading at 810.. which is 11% drop. I See the nearest support level is 793 long term & short term traders can add in the accumulation zone between 750-793 Stop loss - 720 (Strictly follow) long term investors can accumulate up to 622 levels Targets : 911 / 987 / 1107 This idea is only for education purpose and not for real time trading & investing. kindly consult your financial adviser before investing Longby haresh240812
Monthly outlook HDFC, ICICI & SBI Bank + BANKNIFTYHello Traders, I have shared the demand and supply zone for monthly outlook for your ease. Hope you like this analysis.Long11:44by bhabtoshojha1
HDFC bank, ICICI Bank and SBI Bank analysisHello Traders, Both ICICI Bank and HDFC bank have now retracted from quarterly supply zone. This means that we wont see a new high before September expiry. This was clearly evident in todays sell and confirm that sellers are sitting in heavy quantities.Short16:03by bhabtoshojha112
SBIN-SHORTBearishtrend in formation on SBIN Price action suggests further upside potential. Key support and resistance levels to watch. Consider short position with appropriate risk management.Shortby NisarN1
SBIN LONG 4 HR TRADEOn 240 mins, there are 2 levels, one below the other. Hence, either combine 2 levels or enter the distal line of 1 level and hold till SL or target. Longby uspostal8
SBIN-LONGTraders can consider long positions on a confirmation from order flow with appropriate risk management strategies.Longby NisarN0
SBIN- Analysis 757 above this bullish and 724 below this bearish Bullish Levels -above 757 then 827 to 861 then 1034 to 1068 then then 1241 to 1275 then 1448 to 1482 then 1655 to 1689 Bearish levels :- Below 724 then 620 (SL level) **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.Longby PrashantTaralkar11
State Bank of IndiaTARGET MENTIONED IN CHART SL - 545 PURELY TECHNICAL CALL FUNDAMENTALS Market Cap ₹ 5,52,612 Cr. Current Price ₹ 619 High / Low ₹ 630 / 499 Stock P/E 8.14 Book Value ₹ 402 Dividend Yield 1.84 % ROCE 5.20 % ROE 16.8 % Face Value ₹ 1.00 Promoter holding 57.5 % EPS last year ₹ 62.4 EPS latest quarter ₹ 18.0 Debt ₹ 49,89,687 Cr. Pledged percentage 0.00 % Net CF ₹ -80,593 Cr. Price to Cash Flow -6.42 Free Cash Flow ₹ -90,057 Cr. Debt to equity 13.9 OPM last year 41.8 % OPM 5Year 35.3 % Reserves ₹ 3,58,039 Cr. Price to book value 1.53 Int Coverage 1.41 PEG Ratio 0.11 Price to Sales 1.39 Sales growth 3Years 9.14 % Profit Var 3Yrs 50.0 %Longby madhu2811Updated 23
SBI S/R for 8/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement. by zenthosh8
sbin - longSharing my bullish outlook for SBIN based on SBIN. Would love to hear your thoughts and insights on this setup.Longby NisarN2