SBIN Breakout Alert | Strong Volume + RSI Confirmation🔍 Chart Analysis Summary
Pattern: Stock has broken out of a clear consolidation range (highlighted in blue), suggesting bullish momentum.
Volume Spike: Notable surge in volume (blue arrow), confirming the breakout strength.
RSI: RSI has broken above the 60–65 zone, indicating strong bullish momentum.
Price Action: The breakout occurred above ₹775–₹780 resistance, now acting as support.
🟢 Recommendation: BUY
Action Level (INR)
Buy Above ₹785–₹790 (on minor dips or current price)
Target 1 ₹835
Target 2 ₹875
Stoploss ₹755 (below the breakout support zone)
for educational purposes only
SID trade ideas
SBI: Inverse H&S BreakoutThe Inverse Head and Shoulders pattern is a bullish reversal chart pattern that signals a potential trend reversal from bearish to bullish. It consists of three key components:
Structure of the Pattern:
Left Shoulder: A price decline followed by a temporary rally.
Head: A deeper decline forming the lowest point, followed by another rally.
Right Shoulder: A decline similar in size to the left shoulder but not as deep as the head, followed by a move higher.
Neckline: A resistance level that connects the highs of the two rallies after the left shoulder and head.
The Inverse Head and Shoulders pattern in SBI, with a neckline at ₹783, indicates a potential bullish reversal. The stock has formed a well-defined left shoulder, head, and right shoulder, suggesting that selling pressure is weakening. The target price for this breakout is ₹900 calculated by measuring the distance from the head’s low to the neckline and projecting it upwards. If the stock sustains above the neckline, it could gain further momentum. However, traders should consider placing a stop-loss at 730 to manage risk in case of a failed breakout.
SBI Breaks Head and Shoulders Pattern on 4H Chart – Time to Buy?SBI Breaks Out of Head and Shoulders Pattern – Pullback Entry Opportunity at ₹876
State Bank of India (SBI) has been forming a classic Head and Shoulders pattern on the 4-hour timeframe, and it has now successfully broken below the neckline, signaling a potential bearish move ahead.
From a trading perspective, this breakout could present an opportunity for short sellers. A pullback or retest of the neckline around ₹876 could be an ideal entry point for those looking to ride the trend. If the pattern plays out as expected, downside targets are seen in the ₹845–₹850 range.
As always, traders should monitor price action closely during the retest and manage risk accordingly, as false breakouts are always possible, especially around key levels.
SBIN Long *Inverted Head&ShoulderExciting pattern on SBIN(State Bank Of India) chart!
Validation of my target:
1. Inverted Head & Shoulder pattern confirmed on daily chart.
2. Neckline breakout already happened @ 822
3. Target Calculation: Neckline + (Neckline - head low)
Approx. 874,
4. Technical Indicator also supportive
*RSI trending up from oversold zone
* MACD crossover happened recently.
Target will range between 10 points 864 to 874.
Risk to reward is 1:3
Stop Loss previous low 760
For Educational purpose only
SBIN - Inverted Head and Shoulder - BreakOut- DailyThe chart clearly depicts Inverted Head and Shoulders (H&S)**, which is a **bullish reversal pattern**. Here's the updated analysis for **SBIN (State Bank of India)**:
---
### 🧠 **Pattern Recognition: Inverted Head & Shoulders**
- **Left Shoulder**: Formed in **early February 2025**
- **Head**: Deeper low formed in **early March 2025**
- **Right Shoulder**: Higher low formed in **early April 2025**
- **Neckline**: Around **₹785**, which has just been **broken on strong volume**
This pattern often marks the end of a **downtrend** and the beginning of an **uptrend**.
---
### 📏 **Measured Move Target**
- Neckline Breakout Level: ₹785
- Depth (Head to Neckline): ₹104.75
- **Target = ₹785 + ₹104.75 = ₹889.75**, which aligns almost exactly with the marked level of **₹888.90**
---
### 🔍 **Volume Confirmation**
- Volume has **increased notably** on the breakout candle, which is a **key confirmation signal** for H&S patterns.
---
### 🧱 **Support and Resistance**
- **Breakout support (neckline)**: ₹785
- **Next resistance levels**: ₹888.90 → ₹912
- **Downside support zones**: ₹775, ₹680 (head base), and major at ₹620.70
---
### 📌 **Summary**
- ✅ **Inverted Head & Shoulders** pattern confirmed
- ✅ Breakout above neckline with volume = bullish
- 🎯 **Target**: ₹889 (approx 11.5% upside from breakout)
- 🔄 Watch for potential retest at ₹785 for a low-risk entry
---
SBIN 754 - a good to buySBIN 754 has given inverted HS pattern which suggests it as a good to buy for target 855
in.tradingview.com/symbols/NSE-SBIN/
What is SBIN stock forecast?
We've gathered analysts' opinions on STATE BANK OF INDIA future price: according to them, SBIN price has a max estimate of 1,050.00 INR and a min estimate of 700.00 INR. Watch SBIN chart and read a more detailed STATE BANK OF INDIA stock forecast: see what analysts think of STATE BANK OF INDIA and suggest that you do with its stocks.
State Bank of India Ltd view for Intraday 23rd April #SBIN State Bank of India Ltd view for Intraday 23rd April #SBIN
Resistance 825 Watching above 826 for upside movement...
Support area 815 Below 815 ignoring upside momentum for intraday
Watching below 815 for downside movement...
Above 825 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Long SBIN - Trading exactly at Rev/share = 1.As per the Revenue Grid indicator, SBI is trading exactly at it's Revenue per share value. That means current price of 1 share is same as that of the revenue it is generating per share. Historically it has traded around this valuation. But given the steady growth of SBI over the years, This is a good price to buy for long term. Happy Trading :)
SBIN KEY LEVELS FOR 18/02/2025//description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
I want to make it clear that I am not a seller, and this method was not taught to me by anyone. The original creator only gave me one clue:
👉 "If you get one level, you get all levels."
Everything else—the way I nail it the method and applied it—is my own work. I respect the original idea, but my approach is independent.
Explanation:
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
Entry/Exit Points:
- Entry/Exit Lines: Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- Stop Loss: For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- Take Profit: For long trades, target the next RED line above. For short trades, target the next BLACK line below.
Timeframe:
Use a 5 mins timeframe for trading.
Risk Disclaimer:
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBIN KEY LEVELS FOR 17/02/2025//description
// All credit goes to Tony for the concept of this indicator. His Trading View link: www.tradingview.com
// Note: The calculation method in this indicator differs from Tony's, but the concept is derived from his work.
I want to make it clear that I am not a seller, and this method was not taught to me by anyone. The original creator only gave me one clue:
👉 "If you get one level, you get all levels."
Everything else—the way I nail it the method and applied it—is my own work. I respect the original idea, but my approach is independent.
Explanation:
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
Entry/Exit Points:
- Entry/Exit Lines: Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- Stop Loss: For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- Take Profit: For long trades, target the next RED line above. For short trades, target the next BLACK line below.
Timeframe:
Use a 5 mins timeframe for trading.
Risk Disclaimer:
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.
SBI Downside Target for Buying is 685 -7001. **State Bank of India (SBI)** is India's largest public sector bank, headquartered in Mumbai.
2. It was established in 1955 and has a vast network of branches and ATMs across the country.
3. SBI offers a wide range of banking services, including retail, corporate, and international banking.
4. The bank plays a crucial role in India's economy, supporting financial inclusion and digital banking initiatives.
5. With a strong global presence, SBI operates in multiple countries, serving millions of customers worldwide.
SBIN Chart Frame State Bank of India (SBI) is the largest commercial bank in India, offering a wide range of financial services. Established in 1955, it has a vast network of branches and ATMs across the country. SBI provides services like retail banking, corporate banking, and investment banking, catering to both individuals and businesses. It is a government-owned bank, with its headquarters in Mumbai, Maharashtra. SBI plays a key role in the Indian economy, offering various loan products, savings accounts, and digital banking services.
SBIN KEY LEVELS FOR 03/02/2025**Explanation:**
This trading system helps you avoid blind trades by providing confirmation for better entries and exits.
**Entry/Exit Points:**
- **Entry/Exit Lines:** Use the BLACK line for long trades and the RED line for short trades, based on confirmation from your trading plan.
- **Stop Loss:** For long trades, set the stop loss at the RED line below. For short trades, set it at the BLACK line above.
- **Take Profit:** For long trades, target the next RED line above. For short trades, target the next BLACK line below.
**Timeframe:**
Use a 5 mins timeframe for trading.
**Risk Disclaimer:**
This setup is for educational purposes. I'm not responsible for your gains or losses. Check the chart for more details.