TradingView
rakeshjoshi_1993
May 15, 2021 9:08 AM
Breakout and retest
Long
NSE:SURYAROSNI
1D
SURYA ROSHNI
NSE
Description
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May 15, 2021 9:08 AM
After trading in a zone for a while, the stock broke out with good volume and a bullish candle.
Currently, it is retesting the previous resistance level.
Can be bought above 468 for a target of 520.
Note: Educational purpose
Trend Analysis
Chart Patterns
Technical Indicators
Comments
Chinmayonniftyy
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May 15, 2021 10:07 AM
What's your views on PNB?
rakeshjoshi_1993
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May 15, 2021 10:24 AM
@chinmaypatnaik stock is moving in a range. currently financials are also not good. I don't have confidence in that stock.
Chinmayonniftyy
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May 15, 2021 10:32 AM
@rakeshjoshi_1993
, now cyclicals are outperforming bro I think within a month or two we will be seeing a very big bull run in PSU banks.
Chinmayonniftyy
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May 15, 2021 10:32 AM
@rakeshjoshi_1993
, look at BHEL. Pnb has better balance sheet than BHEL.
rakeshjoshi_1993
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May 15, 2021 10:53 AM
@chinmaypatnaik i wont compare these two as both are from different sectors.
rakeshjoshi_1993
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May 15, 2021 10:55 AM
@chinmaypatnaik yes, true that. it's just if i have to invest during economic recovery. i will look at the banks with good NII, NIM and low GNPA.
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