SBIN down trend SBIN formation of down trend channel , bullish only trade above 568 on hourly closing.
SBIN trade ideas
SBIN Analysis ??A strong push to the top side is observed from this zone...
price created a bullish channel...
today broken the channel if tomorrow price retest and may fall back or if failed to fall a strong rise is observed.
keep look for long...
SBIN _ Swing TradeSBIN is in a channel and currently taking support on its Daily O.B @550 which is also its psychological level. It confirms the shift in structure from bearish to bullish in lower time frame. It can possibly make new all time high in coming session.
SBI BANKI am seeing SBI Bank taking a support on both daily and weekly chart. On weekly chart previous week it makes a long legged dojo which it crosses today.
Above 580 level we can see SBI Bank hitting back to its supply zone around 610-620 levels.
Statebank of India- Nice BreakoutStatebank of India- Nice Breakout
Capital to be deployed- 20k
Investing Price -576
Breakout Price -556
Stoploss -556
Targets-632-726-909
RT for max reach
#sbin #StocksToBuy #StocksInFocus #stocks #stockstowatch #StocksToTrade
SBIN CHART BEARISH ENGULFINGSBIN CHART BEARISH ENGULFING 1 Day time frame
so hello guys open your eyes and see this chart, SBIN Sustain upper level hold, (RESISTANCE), and all time and 4th time test this resistance area so open your eyes and see this chart.
sbin bearish engulfing candle create perivious resistance.
UPPER LEVEL- 620 RESISTANCE
SUPPORT- 610 TO 603
HAPPY TRADING.
Wapp Number- 9898774952
SBIN daily viewSBIN now trading at trendline support , if it break in EOD 565 levels expect anther 5% correction
general correction for these levels 10 to 15 % from high. now already correct nearly 10%.
SBIN--Drop Base Drop ??The stock is continuously falling now it is in ranging from last few days....
before going to break below if it gives us retracement to sell again...
Keep track this for sell...
If it is continuously falls A drop base drop is going to observe...
SBIN levels for next weekNext week should hold 565 , closes below its bearish, above close 580 in Monday its bullish, major resistance on Monday 580,582.
SBI VIEW ON MONDAY Sbi closes first 15 min candle above 578 on Monday , entry , target 584/ 585, next target 590/592
SBI set for min 20% potential gainthough this stock is at altime high but its profit is increasing with decrease in NPA every quarter.
its PE ratio still low with high price.its minimum target shuld be 725 with 20% potential gain
State Bank Of IndiaLong Term Tend is bullish still and stock didn't break the trend line but always swinged upside from the trendline as long term view. So according my decision and analysis if stock go down from the trend line we should take the buy on dip strategy in the biggest PSU bank of India.
According the news brokerage houses are bullish on this stock.
It is not my recommendation. It is my own study and analysis. Kindly invest after concern your financial adviser.
#largecapstock #Nifty50 #Longterm #fundamental
SBI in Strong Buying Zone SBI is looking attractive at current levels. Respecting trendline support.
Swing trade 626 breakout price
These are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
STATE BANK OF INDIABuy SBI at Current Levels.
Tgt: 615
SL: 577
Basis some minute observations, chart analysis is made, target and SL is given to understand the core of the subject for learning purpose only.
SBINSBIN
This is 2hr chart of SBIN...
Negative WW pattern developed in it ...
As long as price stays below red line...
it would be looking to touch blue and black lines respectively
Just a View!!
Vedang :)
Chart is for study purpose only!!
SBI close to breakout level.Bullish bars with with good volume forming on SBI. Are we going to see a breakout and new all time highs soon?
❤ & follow.
sbi has formed a bull trapit seems as if it has taken 1.618 level at weekly close basis. but meanwhile closed at .889 level of the previous swing high . So, for me it looks like a bull trap and I will short it for target 580 till 15th august.
take care and happy trading. and my stoploss will be 626 daily close.
