kbmj

EITHER A LONG UP MOVE OR A SHARP FALL ...

NSE:ALBK   ALLAHABAD BANK
FRIENDS , WAIT AND WATCH STRATEGY IN ALBK             ... IT GAVE A DOWNWARD BREAK OUT FROM SYMMETRICAL TRIANGULAR PATTERN ... SO , EXPECT DOWNSIDE TO 56.6 LEVELS ... IF IT GIVES BREAK OUT ABOVE 70 LEVELS , 76-77 LEVELS ARE POSSIBLE ... BY ANOTHER BREAK OUT 90.90 LEVELS ARE ALSO POSSIBLE ... HAVE A WATCH ON GIVEN LEVELS BEFORE TAKING ANY TRADE ... GOOD LUCK IN SHARE MARKETS !!!
Trade active
PSU Bank Index already corrected n looking for rebound. Also, your Bank Nifty analysis for uptrend also support ALBK upmove
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kbmj Siddharth_Kr_Jain
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Very true Sir. But chance looks 65% for 77 target this series n 88 by September.
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kbmj Siddharth_Kr_Jain
@Siddharth_Kr_Jain, THAT'S WELL BUT I HAVE SEEN SEVERAL SCRIPTS WHICH GAVE BREAK OUT BELOW SYMMETRICAL TRIANGLE AND THEN SUDDENLY GAVE A HOPE FOR AN UPWARD BREAK OUT BUT NOT DONE SO ... THAT''S WHY I AM NEUTRAL ON ALBK BUT FALLING POSSIBILITIES ARE HIGH ... GOOD LUCK IN SHARE MARKETS !!!
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@kbmj, Yes Sir. You are 100% correct
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