allahabadbank

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praveen.bhatiya praveen.bhatiya ALBK, D, Long ,
ALBK: Bullish 3 Drives pattern
92 0 5
ALBK, D Long
Bullish 3 Drives pattern

The bullish three drives pattern offers a potential reversal point for a bearish market after forming three consecutive bottoms. The symmetry is very important for this pattern and its clearly visible in this case. Although the stock has already reacted from the third bottom but yesterday news based pull back could be used to enter the stock. Entry : 69.75 Stop ...

tRex88 tRex88 TOP ALBK, 240, Long ,
ALBK: Allahabad Bank buy setup
80 0 5
ALBK, 240 Long
Allahabad Bank buy setup

Buy ALBK above 74 T1: 80 T2: 84 T3: 88 SL: 71

tRex88 tRex88 TOP ALBK, W, Short ,
ALBK: Allahabad Bank short setup
128 7 5
ALBK, W Short
Allahabad Bank short setup

Short ALBK at CMP SL: 78 Target1: 64 Target2: 58 Target3: 50

raghu.972 raghu.972 ALBK, D, Long ,
ALBK: Symmetric Triangle Breakout
47 0 3
ALBK, D Long
Symmetric Triangle Breakout

Allahabad bank broke out of symmetric triangle and closed the day above it. Go LONG with target of 88 with stop loss of 68

nextgen nextgen PRO ALBK, D, Short ,
ALBK: Allahabad Bank may retrace to 72
53 0 2
ALBK, D Short
Allahabad Bank may retrace to 72

Allahabad Bank has been trading in uptrend channel and its approaching channel support,stock may retrace to up to 72 in coming days.

nextgen nextgen PRO ALBK, D, Long ,
ALBK: Allahabad Bank approaching resistance level 70
48 0 3
ALBK, D Long
Allahabad Bank approaching resistance level 70

Allahabad Bank has been retracing after falling to 61% fibo level and breaking the levels its approaching the 38% fibo level,There may be buying setup after the breakout of resistance 70,buy above 70 is suggested else short with target of 63.

nextgen nextgen PRO ALBK, D, Short ,
ALBK: Allahabad Bank short setup.
36 0 0
ALBK, D Short
Allahabad Bank short setup.

Allahabad Bank has been trading in down trend in a channel respecting support and resistance today it closed on bullish sign and may see upside but limited up to 69 as channel resistance, we may see further reversal from 69 level to channel support around 64 in near term. traders may enter short at 69.00 with a target of 64.00

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