Chart Type: Bullish Symmetrical Triangle On Day chart:: I am quite bullish on banks, they all are making bullish patterns, some given BO quietly and some in making, lets see what happens, if a good BO on bank nifty in some days takes place = it might touch all-time high and for that banks like Kotak, Hdfc, Indusind Axis, ICICI, Bandhan, etc all are going to retest the near term high LEVELS :) THAT'S JUST a thought
✺--------------------------- Motivational and psychological area ✺
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only. ✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow ✣Don't lose hope and keep grinding ✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily. ✣Focus on the process, you are here to make money not stupid decisions, and lose it all ✣No one will help you climb the mountain, few will tell the path, so follow good peoples, make good mentors and make good decisions and choices in the stock market. ✣Believe in yourself :)
✺------------------------------------ Some info-------------------------- ✺
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼I don't take all the trades I post ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
Thanks. I am bought HDFC Bank 1 share daily from before last week. For 1st time with real money, only 6 shares that only I can afford. I got more confidence after your post.
I find similar chart for Union Bk, Bank of Baroda, SBI & Axis Bk. Am I correct? What you think?
Averoy_Apoorv_Analysis
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@RajaSekharVelisetti, You are correct bro all the above charts including, Bandhan bank, ICICI Bank, Kotak bank are forming bullish patterns as of bank nifty getting the momentum ahead for touching the ATM, going for the remaining 3200 pts soon :)
I find similar chart for Union Bk, Bank of Baroda, SBI & Axis Bk. Am I correct? What you think?