Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.
TTM EPS: 13.10
Recap from yesterday: “I wish to just wait and watch for tomorrow and not get into an aggressive long position until Nifty50 has consolidated at the current levels. I wish to modify my stance to neutral from bullish. If we break the 19870 levels tomorrow — I wish to go short (bearish).” . I did not get into any new long position in Nifty, in fact...
if you see our Previous levels then you can see our Levels Works, And for Tomorrow for Tomorrow 45700/45800 is our resistance and our levels are the same You can use our levels as support 45400 again support, if again market trends above 45700 then more upside possible but market can retest 45400 wait for retest
The Nifty index has found support at the 19500 level and is currently displaying a bullish trend. Based on historical price patterns, resistance levels are observed at 18850 and 20000. The recent combination of trading volume and price movement over the past three sessions suggests the possibility of the Nifty reaching its all-time highs in the next 3-4 trading...
As Per data And Chart Market Bullish
We said that yesterday market have big resistance 44500 and today market open Gap-up above this levels then market fall 44330 Market Took Support and break again 44500 and close above this .
Tomorrow we may see a good bullish move in the market
in Downside To Many Support Zone If Market Again Act like Bearish Then Don't Trade...
Banknifty has given a flat closing after a gap up opening of more than 200 points and unable to close above the 20 ema.
On the hourly charts, there was a sell off after the first hour candle and the trend continued and started trading below 200 ema in the second half.
Dow Jones is also trading in red. Indian market may also be bearish in short term.
Union Bank of India has formed Inverted Head & Shoulders Pattern on monthly timeframe.
This bullish technical formation often signifies a potential trend reversal, hinting at a shift from a downward trajectory to an upward one.
Adding to this positive outlook, the Relative Strength Index (RSI) has climbed above 60, indicating a growing strength in the stock's...
As Nifty50 price at upper trend line and Bank Nifty gave a upward move with support at 43600 next three trading session will decide whether there will be any upward move or not. 44200 level could be critical for BNifty, as it will be acting as immediate resistance and Downward trend line break level.
DISCLAIMER: DO NOT CONSIDER THIS ANALYSIS AS AN INVESTMENT OR FINANCIAL ADVICE.THIS ANALYSIS IS MADE FOR EDUCATIONAL PURPOSE ONLY.
We have seen Banknifty in a bearish mode since past three weeks and there might be a probability that it can provide us some bullish movement this week.
There is a good opportunity for Bulls to enter from the lower...
if stock prize cross 1840 level then we go for buying side . we can trade with small stop loss and reach high reward. According to me it should go above this level.. its my analysis in the stock .,what are you thinking about this?
in my view, Bnaknifty looks suitable for short poison.
If it makes any Price action for the long side I will trade with a small lot size, I am looking for short-side poison but still, wait for any price action