SID trade ideas
SBINNifty PSU banks expected to give a good upmove
formation formed in SBIN.
Breakout expected (Price consolidating in a tight range)
**Educational VIew
SBINSBIN.. DIALIY VIEW LOOKING CUP FORMATION BOTTOM LIN 412 ABOVE LINE 460 PRICE ROATEING BUY BOTTOM ARE ABOVE TARGET WILL SOON 550
SBI Near to lower band of Linear Regression ! Near to lower band of Linear Regression
- Consider buying at 250-230 range
- Weak overall market
Negative
- SBI announced investment in Yes bank
Trading Call - Wait for Bullish signal
Investment - Consider some accumulation
-Only for educational purposes
STATE BK OF INDIA 1HRBullish BAT
Expecting price to touch Target 2 i.e 431
Price need to follow TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
SBI has nearly 38% upside..Sbi is going to hit 593 minimum as soon as possible... . Thought market would have minimum correction
.. but it didnt give up and likely to have break out.... sbi is in upper territory... and going to hit 593 for sure
SBIN SBIN THE INITIAL UP MOVE THE STOCK SAW
A PULLBACK TOWARD ITS BREAKOUT ZONE
@tradingandeducation
MORE UPDATE - 7007501315
SBIN LONG INTRADAY 5 JUL,2021Dear trader,
If u look at the chart of SBIN (analysis based intraday only) the SBIN Buy at 424 and Target at 431
Best Buy at 421.
Our Best Buy is based on high quality research and when the instrument reaches this level , it’s a jackpot trade.
Best Buy level might be executed or might not be executed.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
STATE BANK OF INDIA 1DThis is only of educational purpose. Before taking the trade do your own analysis
I am not a SEBI analyist
Classic Cup & Handle formation on daily frame with a breakout the neckline.
Buy above 428
Keep stop loss at 402
Target 470/539
Time frame :
Target1 2 months
Target2 4 months
SBI trend line break out... short term buy Descending trend line break out in 1 hr timeframe... Short term buy... Target 442
