Bandbollinger
RBL bank short term viewNarrow bandwidth in Bandbollinger band, above avg line in BB band,Rsi positive,MACD line crossover in weekly chart, ADX positive in dialy chart also will helps to move further levels on upper side.
Targets are from trend lines( not shown in graph)
570
590-602
616
636
Stoploss : below 516 on closing basis
Vijayaraghavan
Inditrade, Kovilpatti
Federal Bank short term viewBandbollinger forms a narrow range in weekly chart and Macd lines might cut on coming week. In daily chart ADX,RSI are positive. These indicators may help to break the triangle pattern.
From the trend lines(not shown in the graph) targets are
122.3
124.18
126.05
126.5
127.8
129.47
130.45
Stoploss :114.5
Vijay,
Inditrade,Kovilpatti
SREI INFRA Short term viewStoch in mid, MACD going to line crossover and the CMP is above the Avg line in Bandbollinger.
Expecting the target range is 113-116 as per Bandbollinger +DI levels .