FINO PAYMENTS BANK LTD
Long
Updated

FINO PAYMENTS BANK By KRSCharts

485
Date: 5th Sept 2024
Time: 9:50 AM

WHY FINOPB?

1. As per Dow Theory, FINOPB making HHs and HLs recently which is Bullish Trade ⬆️

2. FINOPB is in Upside Channeling with Accumulations.

3. Within upside channeling, Cup & Handle is also visible

4. After Equal lows FINOPB has made new HH + Breakout of upside channeling or Cup & Handle Neckline

After lot of Bullish Traits in FINOPB,
Expected Targets ~521 Rs. and ~590 Rs. ❗❗❗
Note
390 to 380 Nearest Strong Support !!!
Trade active
1W Closing Bullish Hammer 🔨at Support 💖
Trade active
After Hammer Closing in Weekly, which was also retest for W Pattern. 🔥
Strong 6% Upside move Today ✅

On a verge of Rebreak out ❗
Trade active
Watchful!!!
Breakouts in Multiple smaller TFs with good Volume 👍
Trade active
1D TF,
100 EMA Support!!!
Note
On 1W 100 EMA Support ‼️
Strong Upside move Today
Breakout is pending
Note
Still, it's a Higher Low ‼️

Dow Theory - Can AVG/Add New Positions

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.