here the idea about PNB spot chart for swing trading , this is only for learning purpose
PNB Analysis: Probability Of Patterns
PNB today has crossed an important level of 39. If it stays above the first line, It has the potential to touch 45-55 in the near future
I was wondering who is pushing the Bank Nifty, so I decided to visualize this by this simple comparison. The three major PSU banks are compared with the NIFTY BANK there market cap is as follow 3 (25%) PSU banks out of 12 holds 28.05186836 % of NIFTY BANK VALUE. 9 (75%) Private banks out of 12 holds 71.94813164 % of NIFTY BANK. ...
for personal eperimental observations
IT IS RESPECTING AND TAKING SUPPORT ON TRENDLINE AND BULLISH DIVERGENCE IS SEEN WITH STOCHASTICS WATCH OUT FOR A DOJI CANDLE AND GO LONG TARGET IS GIVEN STOPLOSS IS LOWER TREND LINE MUST NOT BE BROKEN ON CLOSING BASIS
Due to results reaction...again seen sharp fall in last 5 min...,However i can see more upside till 80...am bullish...
POSITION SIZING 163 QTY PER RS. 100K LATE UPDATE, MY ENTRY AT 71.35
looking at the indices and sectorial stocks kotak and hdfc dragging , while all others pulling it higher , icici still has a 10% upside left while sbi will follow and will keep on making a higher high. yes bank may consolidATE as like axis bank . Indusind will approAch new LTH . and sooner or later hdfc will come into picture to keep the show GO ON !
Even though it was 8% RED candle, only 2.92% OI was increased. Naturally, Active FNO Traders had lost their interest. 19446K shares were marked as delivery in 139040K trading volume resulting only 13.99% marked delivery of total volume. If any body analyse marked delivery as well as trading volume, it guides that only Intraday Traders had interest in the counter. ...
the baton of 5% upmove might now be passed to this stock now ! after a tough resistance been breached on weekly frame stage is set for big big move !
the stock i personally feel bearish but yet just to mention levels and to remember them placing the idea here so as i can revisit and keep a check of what is going right and vice versa!