On 19/01/2022 we have seen strong bounce back from day's low. On daily chart there is bullish engulfing pattern. Buy above 520 Sl 500 Target 540, 560.
major resistance is break , know sbi will shoot to upward
SBIN State Bank of India looking bullish with Easy Target TP1 230 TP2 245/250
In the previous post we talked about sbi heading towards 140 levels and its almost near those levels. Now 143-140 is an important zone for the stock, if this zone doesn't take the price up, chances are stock is getting ready to take a deep dive again. Investor stay away from the stock, its not a cheap bargain yet and let the stock settle and make its way.
SBIN chart looks bullish for midterm trade holders likely to bounce to 250 levels in the next few months. Perfect at the support zone fo 150. Targets can be around 190 levels for short term traders, MIDTERM: 230 -250 in the next few months
Friends, please support this idea with LIKE if you find it useful. Downtrend continues. Use the pullback to get in. Thank you for your support, I appreciate it. 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...
Sbi on daily chart looks good and its taking support near 291-293 can be a buy on dips near to support level with the given stoploss on closing basis.
Dont take any new entry in SBIN if you bought already then must use Stop loss 225. if cames any good news for banking sector then you can some good movement otherwise Trend is Bearish . Banking sector is not Right Time For investment wait some Years. SBIN Very Good Opportunity Between 140-150. Stay Tuned.......!! Learn Here , Earn EveryWhere
SBI price Has Been consolidation between 275-260 since last 12 days. It shows that price has been exhausted after 4 days rally. and it may shoot up more.I will wait for the given levels. keep Eye on SBI. If breaks the trend line then price can reach to 315-340 this expiry only.
SBI is range bound for the last three weeks between 222 to 235. Any breakout on either side would be fast and furious. Trendline support is at around 220 and 21 Day simple moving average is at 226. Taking into consideration some positive bias, one can keep stop loss at 219 and maintain the long position for a short term target of 242 and medium term target of 255.
Hey Guys, Happy Monday.. Only we traders have the guts to say Happy Monday instead of Monday Blues :P So lets jump to our analysis and why I am planning for an counter trend trade in SBI. This is one of my favorite setups to trade, No matter what others say or think...I am deeply in love with counter Trend bcos it makes us analyze various reasons to enter trade &...