SbinIt is trade near life time high.
Important indicator shows oversold.
Sell on rise in sbin.
Option chain analysis shows bearish.
Sbin
Breakout in SBINState bank of India delivered very good results
It has beaten all the estimates
Buy according to levels mentioned in chart
SBIN - Bullish Price Action Analysis NSE:SBIN has already activated Harmonic PRZ 1.272 level in weekly timeframe of the target price 583.
BUY:
if price sustains above 520-522.
SELL:
if it not sustains above 520. you may get some profit booking up to 475.
Chances are more in favor of buyers to make new All time high so do accordingly.
Technical and fundamental analysis of STATE BANK OF INDIA (SBIN)Bearish view of State Bank of India (Sbin)
Future short with sl-550
Put option can be buy pe
State Bank of India is bearish on day, weekly and monthly setup
Technical and fundamental analysis of STATE BANK OF INDIA (SBIN)Bearish view on STATE BANK OF INDIA (SBIN)
SHORT FUTURE WITH SL- 549
Option buyers can buy 540PE
SBIN State bank of india stocks slidly fall in 3 days it can take support to547. On monday if global market open positive then it can consolidate here. after that can give a moment
SBINAs SBIN has gave the entry for double top and the target one is almost achieved but if it makes an head and shoulder there is still a chance to enter this trade and SBI is on all time highs so it has to retrace to go up. Enter on given levels and I'm sure you will make good money ,
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SBIN can be open Bullish as per Pure Price Action SBIN Forecasting for Friday morning- as per price action tomorrow morning market can be open in bullish side, stock making ascending triangle and SBIN made bullish continuation candle on one day candlestick pattern
Positional view on #SBIN State Bank of IndiaMy positional view on State Bank of India. NSE:SBIN
SBIN can make some correction up to 562 and 551.50 levels. Then move again for up for level of 600.55
Note: This is my personal analysis, only for learners.
SBINSBIN testing its support and RSI moving down so it can do rsi outside from overbought zone so SBIN can touch its next target.
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AXISBANK Retracement AXISBANK as per 50 ema crossed above 100 ema and 100 ema crossed above 200 ema so as per technical indicators axisbank in uptrend and as per priceaction it is giving only retracement and it will fly in upcoming days like #icicibank #sbin my opinion to hold the position and stay tuned
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study purpose only
Bank Nifty Levels & Strategy for 15/Sep/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
BANK NIFTY
Surprisingly, Bank Nifty is up again by 532 points in spite of severe fall in US/Global markets. Bank Nifty has closed 4th time in a row at new lifetime weekly high. Bank Nifty PCR at 1.62 has reached in overbought zone. BN, now trading at walking distance from lifetime high. I am really amazed with big players performance. Initial gap down was bought in few mins and then non-stop rally with profit booking in last hour. Right now, bank nifty has reached into overbought zone.
Highest open interest on call side at 41500 (Shifted up from 41000 to 41500)
Highest open interest on put side at 40000 (Remained at same 40000 level)
NIFTY
Nifty is slightly down by -66.3 points. Today, Nifty has broken down 18K level but finally closed above the 18K wall of significant open interest. PCR is down from 1.32 (bullish zone) to 1.1 (buying zone). Today, big players have turned the tide in their favour. Every retail trader is shocked to see Nifty’s performance. Nifty closed above 18K level against the odds when all of us were expecting it to close below 17800 level
Highest open interest on call side at 18100 (Shifted down from 18500 to 18100)
Highest open interest on put side at 17900 (Shifted down from 18000 to 17900)
Shall we look for buy on dips opportunity near support level & trade with strict SL? What do you think?
Please do share your comments. Have a very happy, healthy & profitable day ahead!
SBIN IN 1D TFSBIN broke a strong resistance and ready to give a nice up move. You can Set your own targets according to your Risk Management.
STATE BANK OF INDIA #SBIN LONG VIEWMy analysis for NSE:SBIN
If 15min candle sustain above. My target would be 546 & Stop Loss will 535 only.
Note: My personal view, only for learners.
SBIN - TRADE PLANCheck out the trade plan for SBIN today based on the technical analysis. Hope this analysis is useful, make sure to hit the thumbs and also follow my tradingview profile for future updates. Thank you!
SBIN has Revisited the resistance and is now in consolidation under this resistance and support zone.
STATE BANK OF INDIA Long for 546 #SBINNSE:SBIN If 15 min candle close above 538.50 then my target would be 546. SL will be 534 Only.
This is my personal view. Only for learners
SBI Stock Trade Setup Idea for 29 August, 2022SBIN looks bearish in the daily chart.
SL: 529
Target: 500(a round level)
Rish:Reward: 4
The next support level is 490.
SBIN Long on dips..SBIN on good setup with long as theme on dips....all in chart check your risk and play it right.
NIFTy Bank ( OM )Market trade both side ..because market take rest ..Buy sell signal Draw On chart..THis is my Opinion ..
Thank you ..
SBI Daily Chart - Evening Star Pattern with high selling volumesDear traders, I have identified chart levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT. OVERALL, WE SHOULD CONTINUE TO LEARN & BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2
Evening Star Pattern near 52 W high- Reversal Pattern. Shall we expect profit booking after decent rally in SBI?
SBI reached near monthly resistanceDear traders, I have identified levels based on my analysis, major support and resistance levels. Please note that I am not a SEBI registered member. Information shared for educational purpose. Please do take trade based on your own analysis and risk-taking abilities. Never ever worked with fixed mindset. Any news/result data may change the direction of the trend instantly. Focus on learning so you can take correct/better decision based on your analytical skills. PLEASE NOTE THAT NO ONE CAN BE 100% CORRECT EXCEPT GOD. OVERALL, WE SHOULD BE ABLE TO CLOSE IN PROFIT EVEN IF WE ARE 50% CORRECT WITH RISK REWARD RATIO 1:2.
SBI reached near monthly resistance. Is it a good time to book profit?
Have I booked profit ? Yes, I booked it today and now I will wait for buying on dips opportunity.
Many Thanks, Have a profitable day ahead!
