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Indian Bank Stock Analysis: Spordiac Buy Signal on short term📈 NSE:INDIANB - January 5, 2024, 12:52 PM Current Trading Price: ₹435.10 🏷️ Opening & Key Levels: Today's Opening: ₹432.40 (Above 0.618 Fibonacci Level) ✅ Near 50-Day Moving Average: Indicating Bullish Trend 📊 Technical Indicators: EMA & MA: No crossover yet 🔄 MACD: Histogram at 0.48, MACD at 0.70, Signal at 0.22 (Positive Crossover) 📈 RSI: Currently at mid-range, K at 55.02, D at 37.62 (Viable Range) 🎯 %R: At -29.83 (Supportive of Bullish Trend) ⬆️ Fisher Indicator: Positive crossover, Fisher at 0.80, Trigger at 0.27 (Mid-Range) ✨ Parabolic SAR: Buy signal at ₹391.00 🟢 Target Prices & Stop Loss: Target 1: ₹443.65 (0.786 Fibonacci Level) 🎯 Target 2: ₹458.00 (Level 1 of February Series) 🎯 Stop Loss: If falls below ₹424.50 (0.5 Fibonacci Level) ⛔️ Overall Outlook: Bullish in the short term, but confirmation needed from other indicators. Volatility noted. Investors are advised to monitor closely. Disclaimer: This analysis is for informational purposes only and should not be construed as investment advice. Investment decisions should be based on individual research and risk appetite. 🚫 #IndianBank #StockAnalysis #TechnicalAnalysis #Investing #StockMarket #BullishTrend #TradingTargets #RiskManagement
NSE:INDIANBLong
by finogent
RELIANCEWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:RELIANCELong
by Rvkachhadiya
FEDERALBNK | NSE | INDIA | ANALYSISFEDERAL BANK has following advantage to BUY: 1. Gave break-out for the 4 year trendline. 2. The Break-Out was with good momentum. 3. The Break-Out took a retest for the conformation. 4. RSI gave a breakout for the recent forming trendline. Advantage: Our Big Bull Rakesh Jhunjhunwala is holding this stock and he increased stake in this recently. Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:FEDERALBNKLong
by Vasukipriya