SBI has reached the previous support level, which will now act as a crucial resistance level. It's a good time to enter a short position, or you can wait for further confirmation. Keep a close watch to seize the opportunity.
This stock is continuously rising... we have a demand zone lies at 700 levels... observed rally base rally is going to observe in this stock. if failed to go long from this place price will test the demand zone at 700 levels... keep looking for long side from this demand zone for the target 840.
Currently it is trading below 100 DMA and it is supposed to make a minor pull back before taking support around 200 DMA and will resume its further uptrend. As budget session is also approaching and the previous quarterly results were also stable and is supposed to perform better in the current quarter. Any breakout above the price action line will make it to go...
price is facing resistance from 765 level multiple times... on bottom side trendline is pushing the price upwards. if price breaks the trendline and retest look for short... we have a demand zones lies at 744 and 740 levels...intraday levels only.
A strong bullishness is observed in this stock.... if this will continue then a rally base rally is observed.... otherwise reversal chances are more... keep safe here...
This stock enters into the strong support area.. Look for buy opportunity in this stock. Consolidation is observed and an inside candle plus fall is noticed..means of reversal chance...look for buy.
This stock is now in consolidation.. Head and shoulders pattern is detected... If consolidation with rise, happens we have a chance of fall back to the below neckline... keep look for sell when price reaches the right shoulder.
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...
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...
the stock is trendnig upwards... After showing bearish pressure again price enters into the resistance zone again.. if this will breaks above or fall again... keep add this stock in your watchlist....
Observations:: price clears all the demand zones on bottom side... now price is coming back to test the previous demand zone may acts supply zone or to test strong fall area to again fall... POI are marked on the chart please look at these areas...for sell Keep track these levels. 580 and 590 Zone
Observations:: SBIN --->> Price is trading in a channel... if we see the difference between the HH is decreasing gradually... which is a sign of reversal in this stock... clearly price created a gapdown as well, indicating a bearish sign.... we are clearly in an uptrend, price tries to go upside from 570-555 range, but that not move too much..only 20-30 points we...
Observations:: This is a continuation post to my previous post about SBIN:: Consolidation Happens between the demand zone and supply zones. Price restriction is happens between the zones. While breaking the previous demand zone, price leaves a supply zone @586-590 range, if price wants to test this supply zone and falls below or continue to fall down. A...
----->> after strong fall from 588-590 range, price again coming back to supply zone with consolidation to upside, if failed to create a new high and falls below 575 range then sell for the target of 565 range. the demand zone @ 575 range acts as support and the demand zone created at 582 becomes resistance, hence price is in consolidation. if price consolidation...
----->> after strong fall from 588-590 range, price again coming back to supply zone with consolidation to upside, if failed to create a new high and falls below 575 range then sell for the target of 565,555 range. keep track of these levels.
Observations:: the stock is trending upwards. ------>>Today SBIN is showing Bearish pressure. -------->>Bearishness is continue or Reversal May Happen at 570 levels. ---------->>Previously A strong selling pressure is observed at 570 level ,look at the reaction at these levels to go upside or downside. ---------->>Previous Resistance if turned as Support again,...
This is conditional buy view on NSE:SBIN . If 45min candle closed above 515, we can make a entry with stop loss of 507. My expected upside target will be 528.00. It would be positional trade for 1-2 days. Note: This is my personal analysis, only to learn stock market behavior. Thanks.
NSE:SBIN has sharply fallen from a downward channel. Now forming a pennant pattern. Though it is bearish pattern it is tough to take a view on it. The best idea will be follow the price. The probable targets are mentioned on either side. Put a tight stop loss