SBIN Long for Swing Position

업데이트됨
Overview: SBIN has been in a downtrend on the 4-hour timeframe but recently bounced from the key support level of 775. The price faced strong resistance at 795, which was a critical level for any upward movement. However, SBIN has now broken through this resistance with solid bullish momentum and has reached 805. This former resistance level is likely to act as a new support if the price comes back for a retest.

Trade Plan: Keep a close watch on the 795 support level, especially on a lower timeframe like the 15-minute chart. If the price shows bullish signs around this level, consider buying a small position and holding it for a potential swing trade. The target for this trade would be 900 or higher. On the other hand, if the price fails to hold the 795 support and breaks below, the next area to watch would be 774. If bullish signals appear at 774, it could be a good opportunity to add to the position for another swing trade. However, if the price continues to decline and doesn't hold this level either, it may be wise to wait and look for a better entry at 726 or exit with a stoploss below 775.

Conclusion: If the swing high of 805 is broken, open a long position with the trading plan mentioned above. I'll keep you updated on further price action as it develops.

Please let me know which stock do you want me to do analysis on. Write down any doubts or thoughts in the comment section and please hit the boost to show support and follow for more update.
노트
**Overview:** SBIN 4-hour timeframe par downtrend mein tha, lekin abhi 775 ke key support level se bounce kar chuka hai. Price ko 795 pe strong resistance face karna pada, jo ki upar jaane ke liye ek critical level tha. Lekin ab SBIN ne is resistance ko solid bullish momentum ke saath tod diya hai aur 805 tak pahunch gaya hai. Ye jo pehle resistance level tha, ab support ka kaam kar sakta hai jab price wapas retest ke liye aayega.

**Trade Plan:** 795 support level par close watch rakho, khaas kar lower timeframe jaise 15-minute chart par. Agar price is level par koi bullish signs dikhata hai, toh ek small position buy kar sakte ho aur usko swing trade ke liye hold kar sakte ho. Is trade ka target 900 ya usse zyada ka ho sakta hai. Agar price 795 ka support hold nahi karta aur neeche chala jata hai, toh agla level 774 pe nazar rakho. Agar 774 par koi bullish signs milte hain, toh position add karna ek acha option ho sakta hai swing trade ke liye. Lekin agar price is level ko bhi hold nahi karta, toh thoda wait karo aur 726 ke better entry point ka intezaar karo ya 775 ke neeche ek stoploss ke saath exit karo.

**Conclusion:** Agar swing high 805 ka break hota hai, toh upar diya gaya trading plan follow karte hue ek long position open karo. Aane wale price action ke developments ke baare mein main tumhe update karta rahunga.

Mujhe batayein ki aap kaunse stock par analysis chahte ho. Apne doubts ya thoughts comment section mein likho aur support dikhane ke liye boost karo. Aur aise aur updates ke liye follow karna na bhulein!
액티브 트레이드
Swing high of 805 has been taken out, trade active with stoploss of 787 and target of 900.
If the stoploss is hit this time, wait for re-entry on 773 with stoploss below 770.
노트
Market volatility may increase in coming days, maintain a tight stoploss below 770. I will be out of the long if support of 770 breaks and look for new long position If the price goes down, will accumulate around 730 for swing.
노트
Important update: As the market is becoming volatile fundamentally, I will be looking for a bullish confirmation to enter the trades to minimize the risk and strictly follow and trade according to the levels mentioned above.
거래청산: 스탑 닿음
Stoploss has been hit. Waiting for market sentiment to become positive again for taking fresh entry.
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