SBIN trade ideas
SBI in a RangeCurrently, SBI is in a range and it has formed a descending triangle. The 417-421 range looks like good support. Let's wait for the breakout on either side.
Monthly Bearishness on SBINStock seems to be overbought and correction to the downside is inevitable before it reaches new highs
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.
SBI Looking Bullish• SBI is approaching the resistance Level if it breaks with a bullish candle above The resistance then it will be a great area of value for Buy.
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*And also tell me if SBI is on your list to buy *
A Positive News about SBIN to recover Kinfisher Airlines Loan A Positive news for ( SBIN ) State Bank of India stocks. State Bank of India to recover Vijay Mallya's Kinfisher Airlines loan recovery from Property Sale. This would eventually bring a Green Signal for the Stock. Watch accordingly with the Lead Indicators and take your Position.!!
Ideal for Swing Trade !!
SBIN - State Bank of India Just for Educational Purposes. Feel free to make any suggestions or corrections.
sbin 15 min chart viewonce give a close above or below resistance and support a good momentum possibly sideways move can be seen next week. right now view is positive although everything depends on opening on monday morning.
STATE BK OF INDIA 4HR Bearish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
STATE BK OF INDIA Daily Bearish Crab
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL SELL
SBINThere are no strong buyers in the Market ... Short term mode is SELL but wont recommend going with sell side
****SBIN is currently in Sideways trend and current very short term mode is sell
In Jun series SBIN future shed 25.47 lakh position in Open Interest also not that the open interest is not increasing with uptrend so be careful and discount of share is also increasing so buyer be cautious At current price strike the activity is tilted to call side and ratio still strong
Stop loss and targets are clearly mentioned in the chart
