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Sbinanalysis

SBINSbi was in consolidation phase since may 2021, and it has seen a complex correction in wave 2, in day before yesterday it has seen a minor recovery after testing the lower bollinger towards upper bollinger band, and finally in yesterday's trading session, it broke out from the consolidation and it has also broke the high of wave 1, with daily Macd turned positive, good price action seen along with trendline breakout and also good intensity of Volume . Trendline breakout with good intensity of Volume Key Levels are Mentioned on chart Macd in daily positive crossover and Uptick and also above zero Macd in hourly positive crossover and Uptick and also above zero line Upper Bollinger band challenged in both daily and hourly along with Trendline Breakout Rsi in both daily and hourly above 60 uptick and Breakout DMI ADX UNGALI POSITIVE in Daily and hourly Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
NSE:SBINLong
by RK_Chaarts
1
Is swing trading more profitable than long-term investment?Look at the image below. Let me give you a small example. This is the real chart of the State Bank of India. I have coded swing trader in black and long-term investor in blue for your easy understanding. In the first scenario, both the swing trader and the long-term investor bought SBI at the same level. After a month the swing trader sold his holdings and made 60% on his capital of 1 lakh. Now he has 1 lakh 60 thousand. But the long-term investor didn’t sell. Again the prices of the stock went down and the swing trader got an opportunity to buy in dip. The swing trader sold his positions and made 36% this time. Now he has (1 lakh 60 thousand) + 36% that is 2 lakh 17 thousand. This time the long-term investor sold his holdings and made 64% total. He has now 1 lakh 64 thousand. Everybody trades the swings. Nobody buys in dip and sells in the dip. That is just foolishness. Some people trade the larger time frames and some people smaller time frames.
NSE:SBINEducation
by BarunMohanty
1