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Sbilifetechnical

SBILIFE - long viewThe stock has created a good base at the level range of 1016 levels. As you can see the stock has taken support around this area and moved upwards. It reached a high of 1293levels before crumbling to huge selling pressures. The stock is trying to make its way back to the top. I have presented my views on the chart with levels that can help you take your trades. Thanks & Regards, If you feel you can make use of my views and put them to good use, request you to kindly revert with feedback/suggestion/improvement
NSE:SBILIFELong
by ruelfernandes
SBILIFESbi life bouncing back from a strong support zone. It is a risky trade as the market is still not looking to move upwards. But good to add some quantities with limited risk and keeping strict STOPLOSS of around 1085 levels. Trade safe. Manage risk. Be profitable. Please follow us for more simple trading analysis and setups. Also let me know in the comment in case you have any queries. Disclaimer :- This is just my view. Please analyze charts yourself and then decide to take any trades.
NSE:SBILIFELong
by simple_trader2022