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Sbinanalysis

SBINSbi was in consolidation phase since may 2021, and it has seen a complex correction in wave 2, in day before yesterday it has seen a minor recovery after testing the lower bollinger towards upper bollinger band, and finally in yesterday's trading session, it broke out from the consolidation and it has also broke the high of wave 1, with daily Macd turned positive, good price action seen along with trendline breakout and also good intensity of Volume . Trendline breakout with good intensity of Volume Key Levels are Mentioned on chart Macd in daily positive crossover and Uptick and also above zero Macd in hourly positive crossover and Uptick and also above zero line Upper Bollinger band challenged in both daily and hourly along with Trendline Breakout Rsi in both daily and hourly above 60 uptick and Breakout DMI ADX UNGALI POSITIVE in Daily and hourly Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
NSE:SBINLong
by RK_Chaarts
1
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.
NSE:SBINEducation
by BarunMohanty
1
Bearish Head & Shoulder Pattern in SBIN for coming sessionsThis analysis is purely for intraday or STBT trades. Red lines or bars represents resistance. Green bars/lines represents support. Yellow horizontal bar represent the current price level State Bank of India appears to forming the right shoulder of "Bearish Head & Shoulder Pattern" in Hourly as well as 5 minutes Time frame. The neckline seems to be near 192 level. If that level is broken with volume and price sustains below that level.. then the support of 185 level may be seen quickly. Advice would be to see the price action at the current level (yellow horizontal bar in the chart). if that level is broken with volume then price will go down to complete the neck line.
NSE:SBIN
by AdityaKarn90
State Bank Of India - Price may fall.Hi Traders, The price of SBI has broken the upper channel which is an indication of exhaustion. There is a key zone at 297 - 314 levels which is in confluence with a Fibonacci retracement level, So we can expect the start of a bearish cycle from these zones. The price can react with the golden zone but the overall momentum will be bearish. If price manage to break the key market structure, we can confirm the start of the bearish cycle which will result in the break of the trendline. Note:- 1. The key market structure can change if price tests the Key zone at 297 - 314 levels. 2. This analysis can be used only for long term positions. 3. This analysis is done based on technical analysis without considering any fundamentals. Pls comment below for any queries. Happy trading....
NSE:SBINShort
by Hari_krishnan_S_Kumar
2