SBIN FBOReason for short a) Fake Breakout setup seen with bearish divergences in MACD/RSI/STOCH b) Weekly: A possible ABC corrective pattern in the making Shortby mon_duende3
SBI S/R for 4/4/24Support 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. 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 zenthosh3
SID Potential Breakout State Bank of India $GETTEX:SIDSID Potential Breakout Analysis GETTEX:SID is showing signs of a potential breakout based on technical analysis, indicating a favorable moment to explore investing in the State Bank of India (SBI). Why State Bank of India (SBI)? State Bank of India (SBI), as one of the largest and most reputable banks in India, offers a compelling investment opportunity for various reasons: Market Presence: SBI's extensive network and dominant market position in the Indian banking sector provide stability and potential growth opportunities for investors. Financial Performance: The bank's solid financial performance, robust asset quality, and prudent risk management practices make it a reliable choice for long-term investments. Economic Growth: With India's economy poised for continued expansion, SBI stands to benefit from increased banking services demand, infrastructure development, and financial inclusion initiatives. Key Reasons to Consider State Bank of India: Diversified Portfolio: SBI offers a wide range of banking products and services catering to diverse customer segments, enhancing revenue streams and mitigating risks. Digital Transformation: SBI's focus on digital innovation and technology integration positions it well to adapt to changing market dynamics and meet customer expectations effectively. Government Backing: As a government-owned bank, SBI enjoys implicit support, adding a layer of stability and credibility to its operations. Exploring investment opportunities in the State Bank of India could offer a blend of stability, growth potential, and exposure to India's thriving economy. Keep an eye on GETTEX:SID for further indications of a breakout to make well-informed investment decisions.Longby holacarlosmartinez0
Might be a B wave in A-B-C waveseems to be near to B wave completion (760-770 range) in A-B-C wave.. then may be into C Waveby CHART_lEARNER2
SBIN showed Strong Recovery after giving Box Breakout The Stock remained in Box Range for Many Months ■ It witnessed Breakout above the consolidation with Rise In Volume & Made High near 800 level Track & Practice Box Pattern in other Charts also 👍 * For Educational Purpose Only Learn & Practice Price Action SetupsEducationby Himanu_HATradeTalk11
SBI S/R for 1/4/24Support 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. 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 zenthosh3
Bearish view on SBImultiple rejection at the resistance range 777 to 770, can be a bearish week for this stock, lower level at 757 can be seen this week if price breaks below 770Shortby Ethical_BearUpdated 3310
SBIN share analysissbi bank elliot wave analysis daily time period impulse wave move Longby HARISHRAO993
SBIN - A PSU Megatron!3/11 - Jefferies next 5 year companies Jefferies target by March 2029 - 1860Longby chARTronicsIndia2
SBI Analysis - Continuous, Just as the Markets !This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply & Demand -------------------- 1-17-2024 RED TrapZone with Divergence after Green UMVD. Lets see what shows up after the divergence on UMVD.by SnowflakeTraderUpdated 14
SBIHere are some support and resistance levels for SBI if you're interested in trading it.by Kartik_Elkunchwar6
SBI S/R for 19/3/24Support 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. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) and an average true range (ATR) to create an upper and lower channel around the price action. The upper line of the channel represents the upper limit of the average range, and the lower line represents the lower limit. Traders can use the Keltner Channel to identify potential long and short positions. Long Position: A long position may be considered when the price is trading above the upper line of the Keltner Channel. This suggests that the price is trading above the average range and may continue in an upward trend, potentially offering buying opportunities. Short Position: A short position may be considered when the price is trading below the lower line of the Keltner Channel. This suggests that the price is trading below the average range and may continue in a downward trend, potentially offering selling opportunities. 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 zenthosh0
SBIN--Head & Shoulders pattern??This stock is bullish in action. A strong fall is noticed from the header section 795 levels and we have a left shoulder at 780 levels. price after clearing the liquidity below neckline price will take u turn until the right shoulder which is strong. So keep an eye on this stock for short once reaches to the right shoulder area. we have a demand zones lies at 650-640 areas. wait for the price to form a right shoulder, to confirmation and breaks the neckline for more confirmation and retest for more confluence to enter short side up to the demand zones.by IIT-TraderUpdated 1113
SBIN--Rally Base Rally or ReversalThis stock is continuously rising... we have a demand zone lies at 700 levels... observed rally base rally is going to observe in this stock. if failed to go long from this place price will test the demand zone at 700 levels... keep looking for long side from this demand zone for the target 840.by IIT-TraderUpdated 1113
SBI S/R for 11/3/24Support 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. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) and an average true range (ATR) to create an upper and lower channel around the price action. The upper line of the channel represents the upper limit of the average range, and the lower line represents the lower limit. Traders can use the Keltner Channel to identify potential long and short positions. Long Position: A long position may be considered when the price is trading above the upper line of the Keltner Channel. This suggests that the price is trading above the average range and may continue in an upward trend, potentially offering buying opportunities. Short Position: A short position may be considered when the price is trading below the lower line of the Keltner Channel. This suggests that the price is trading below the average range and may continue in a downward trend, potentially offering selling opportunities. 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 zenthosh0
Simple price action... entry when swing high break... SL is swinSimple price action... entry when swing high break... SL is swing low.. Target 1:1, 1:2, 1:3Longby Trade_Talk_tv2
Breakout in sbi 6.4% upside possible Buy sbi at 772-778 Target 828 852 911 Sl 740 Very strong breakout with the support of rsi . Rsi also strong .Longby devved193
SBI INTRADAY TO SWING Sbin made a good rally in few days and at all time high but still with given price action and moment it can still give a nice INTRADAY to swing trade with a decent stoploss ENTRY - 785 STOPLOSS - 780 TARGETS- 800,805++ Note- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back I'm not sebi registered this is my personal view Please like or boost my idea if you like it or traded it ThankyouLongby chaitanya16922
SBI S/R for 1/3/24Support and Resistance Levels: Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively. Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities. Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities. Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level. Keltner Channel: The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions. Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend. Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend. Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.by zenthosh0
BUY SBIN AROUND 440 TGT 495/535/580/640 SL BELOW 380 AVG @ 425Currently it is trading below 100 DMA and it is supposed to make a minor pull back before taking support around 200 DMA and will resume its further uptrend. As budget session is also approaching and the previous quarterly results were also stable and is supposed to perform better in the current quarter. Any breakout above the price action line will make it to go for above mentioned target with given SL.Longby Adi_techUpdated 2
SBIN Analysis price is facing resistance from 765 level multiple times... on bottom side trendline is pushing the price upwards. if price breaks the trendline and retest look for short... we have a demand zones lies at 744 and 740 levels...intraday levels only. by IIT-TraderUpdated 1110
[HP] SBIN Short IdeaNote - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivativesShortby Amit_Ghosh5
SBIN - Bullish Setup, Breakout RUN....Stock name - State Bank Of INDIA Limited. ✅#SBIN trading above Resistance of 745. ✅Next Resistance is at 847. ✅Moved 15% in 8 weeks. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - C Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.Longby tanwartarun505