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Bank of Maharastra analyasis on 05 May 24

Long
BSE_DLY:MAHABANK   BANK OF MAHARASHTRA
Bank of Maharastra analyasis on 05 May 24
Good public sector bank for investment
trying to formation of cup and handle
near to golden cross (50 ema cross 200 EMA)
Keep stoploss 54
deep stoploss 43 ( on closing basis)
add 50% quantity now
add more on breakout after 81
(if stable above 81)
target 80 - 90 - 100 - 110 - 125 - 140
Cup and handle target 150

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