SBI LIFE showing a Descending triangle patternSBILIFE descending triangle pattern wait for its breakdown below 960 .
Tgt is in chart.
SBILIFE trade ideas
SBI Life - Intraday Trade SetupSBI Life CMP - 963.65 *High Probability*
Looking bearish in higher time frame. One can go for Intraday Trade Setup with the following entry, exit & targets.
*Sell* at or Below 961 / Stop Loss 969
Target 1 - 957
Target 2 - 952
Target 3 - 948
Disclaimer: This is my view and for educational purpose only.
Sbi life breakout chartSbi Life Daily time frame chart. 1015 is resistance level which last year price rejected. Disclaimer: Technical analysis provided on the chart is my personal view. This chart is for study purpose only and don't take any trade based upon only this.
SBILIFE - LONGExplanation:
1. Stock is in strong up trend in weekly and daily time frame.
2. Stock forms the Ascending Triangle in Daily Time frame.
( Both gives Bullish view on stock).
3. in Hour time frame, stock forms the Ascending channel.
Recommendation:
Buy - when the stock gives the breakout.
#28 SBI Life InsuranceNSE:SBILIFE
Reason Being:
1. Higher High Pattern Formation
2. Rising RSI and Above 60 Level
3. Breakout with Heavy Volume
View Negated Below: 914 in weekly closing Basis
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
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TRIANGLE PATTERN BREAKOUTALL LEVEL MENTIONED ON CHART
IT IS A WEEKLY CHART SO THE TIME FRAME OF INVESTMENT SHOULD BE 3 MONTHS TO 1 YEAR
SBILIFE LONG INTRADAY 15 MAR,2021Dear trader,
If u look at the chart of SBILIFE (analysis based intraday only) the SBILIFE support at 913 and Target at 940 and stop loss at 885.
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.
SBIL Life shown Evening star it may get some dipSBIL Life shown Evening star it may get some dip, also its on dynamic resistance
Bullish after BO from Flag pole patternRetest after BO is done and DCB above 910 also done.
Flag pole pattern formed on weekly chart.
CMP: 911
Target: 1186
SL: 801 WCB
SBILIFE Long weekly chartNSE:SBILIFE
Disclaimer: The view is for study purpose only, I am not a SEBI register person please contact your financial advisor before investing.
