Equitas small finance bank seems to be bullish
Updated
We can see a monthly closing above levels of 65 for the first time in Equitasbnk. The level was a strong supply zone which can now act as a strong support.
The stock can easily move 20-30% or more in short term if we see a weekly closing above 70 this week. Even ATH level is 5% up from here which is a good swing target.
Keep on your watchlist to track.
The stock can easily move 20-30% or more in short term if we see a weekly closing above 70 this week. Even ATH level is 5% up from here which is a good swing target.
Keep on your watchlist to track.
Note
Today's high is 76.85 which is its ATH. T1 achieved.We can see a retracement to 68-70 levels from here which might be a good positional entry.
Trade active
Retracement done today. Keep on radarNote
Today's high is 80.This has huge potential to go towards 100 and above from here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.