SBITook support of trendline from October, and showed move against market trend, however below ema20 and rsi below 60 so might not see strong move until closes above ema20 with rsi 60 or more. Overall a good stock to hold.
SID trade ideas
SBIN FOR LONG TERM INVESTMENTNSE:SBIN
Hello friends,
Again comes with an Idea on SBIN. As per the chart of this stocks seems smart money is buying somewhere in the stock in the flag. Hoping that the stock will break its flag formation upward channel and go for some decent gains. However, there is a big SL which can be problematic for short term traders/investors due to large numbers of COVID surge in our country. Any one having looking for long term investment in the stock can be a good choice. The targets and stops provided on the chart. The short term traders and positional traders can adjust their stops and targets as per their own choices.
Box breakout SBI broken box very good buy around marked demand zone, for the target given on the chart for long term.
Let's see...
Bazaar Ki Baatein: What lies ahead for Nifty and the Indian mktsIn this episode, @AVENUESOFINVESTMENT and I talk about what might lie ahead for the Indian market.
SBIN target is aboveTargets are high as per volume if sbin cross 527 level then next level will be 535 or might be 540 and already sbi gives a good breakout now it's time to fly.
inverted Head N Shoulder in SBINA long way to go, but we can see the price to 52 week high or it can break the high too within some days maybe tomorrow too
SBIN LEVEL 500Sbin quarter 4 result will be declare soon and news will positive and sbi card enter in f&o from 29 oct onwards so we see sbi target is above in month of November, sbin 500 level is a strong level and it was a retracement only to go high...
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Educational purpose only...
BUY SBIN AROUND 432-433 TGT 465/520 SL BELOW 398It is making a morning star pattern and taking the support of 50 week moving average. Looks good for a short term buy, especially when the government is planning to speed up bad bank process, also the previous quarterly results were good and the stock didn't make any wild move yet.
go long and achive targer 4 rs.hear you can see easily the price is brock the trend line which was I make
SBIN support levels Oct 2021S1-465
S2-440
Stock is at all time high.I am expecting it to come back and take support around 465.
440 to 465 is the strong buy zone.
LONG ON SBIN( state bank of india)In SBIN on 30 minute time frame there is a ascending triangle formation...... which hints a bullishness in this stock ...in upcoming days if the market is bullih and bank nifty is bullish
than sbin is a good stock to long....
Sbin making daravs box pattern level above 441Sbin making daravs box pattern on daily time frame. sustaining and closing above 441 can leads to further upside move:- level above 441 NSE:SBIN
SBIN SBIN BUY BASED ON THE CHART PATTERN
CUP AND HANDLE PATTERN
ENTRY 465
TRAGET 510
SL 440
Its my personal view ,if any loss and gain its depends upon on your decision , its not my responsible so please connected your financial adviser
its better rational decision making
SBIN LONG POSITION A strong support of 500 and strong resistance of 510 sbi is trading between 500 - 510 and we can make long position for 510
state bank of indiaget ready for something big in sbin i think there will be a psu bank rally lets wait for breakout
Ascending Traingle in SBINThere has been a formation of an ascending triangle in the charts of SBIN, do look out for its breakout/breakdown for a good trade.
I am not SEBI Registered and this is purely educational.
All you need to know about SBIN; Channel breakout after 2010!Since 2008, SBI has been trading in a slow moving channel of 3% (less than inflation!). For the first time since 2012, the stock has convincingly broken out of that channel. It took >6 months to breakout, retest & finally convincingly breakout of the channel. As SBI has never been in this region before, it is hard to guess what will happen now. Wave theory to the rescue
During the pandemic selloff, we can see the classic ABC correction. Since then, the stock has formed a perfect 1-2-3-4-5 impulse wave pattern. Wave 3 is above the 161.8% extension of wave 1 & is at the top of RSI. I believe we are done with wave 5 as we are above the conservative estimate of ~485 (length of wave 1 placed at wave 4 low) & we see a clear divergence in RSI. Also, the volumes are considerably lower. We still need to wait for confirmation as we are still below 161.8% extension of wave 3.
Watch out for a correction to 100/200d ema &/or the upper trendline before this stock starts moving up again.
Sell below 472 and be ready to buy on any indication of a reversal from 100d/200d ema or the upper trendline. Stock to move slightly down & sideways till then
a clear brakeout have chance to 5 % upsidebuy on your own risk
you can buy at 501 and above
and target of 10% with trailing topless
topless below 465
My love affairs with Bank Nifty, makes it a new HIGH 39370 We were mildly bearish on Bank Nifty early on but around 1:30 pm there was trend reversal and we switched our mildly bearish to bullish view and just keep trailing SL.
TK cross at 38850
MACD cross over
ADX>25
DI+>DI
It crosses VWAP, VWMA, took support from Super trend.
SBI - breakout - longSBI has a breakout as shown on the charts. As suggested in the previous linked post, my bias was long SBI and this could be a good time to add to position.
If price comeback and closes back into the channel, we look to close short term trades. Positional investors can hold and look for further price changes
SBIOne can buy sbi now with target 471/494.
It is for informational purpose only. Do your own anlaysis before taking any position. Consult your advisor before investing.
Strong stocks with 21 ema Use 21 ema with super trend and Rai
When a stock in its 52 week high zone with positive relative strength and Rai above 50 corrects to 21 ema and takes support with a target of 1:2/1:3 as your risk apitite
