BANK
Long opportunity for ICICI Bank.It has formed an ascending triangle pattern.
I am suggesting an aggressive view here.
It has the strong support of higher volume levels.
Buy at the current level of 349.10
Target 1 -379 (Upper line of Triangle).
Target 2- 399 ( If it breaks 379 level with a strong green candle and high volume then it next plausible target. There is resistance of R2 pivot point at 399)
Target 3-439 ( On the basis of Triangle retracement it can touch this point and also There is R# pivot point where it can take resistance)
In addition to that, Bank nifty has shown a bullish trend which will corroborate this position.
banknifty shortwe can wait for pull back or otherwise can enter current market price... Target your self
Bank Nifty future chartThis Chart Shows Tomorrow Support level and Resistence levels ,if the chart hits the Resistence level .The profits will be Boom
SBI Important levels SBIN tried too cross 200 level many times in past few months and fails, again it is near 200 level , therefore I consider this as important zone. however if it give close above 200 , new level will open for SBI.
NEWS : Since news are bit positive for the short term for banks it may surely touch the 200.
bank nifty analysis 22 june 2020Above shown in rectangle is a Rejection area. if it crosses it then there is no backwards. It may directly aim to R1.
Bullish trend overall.
Trade according to support and resistance levels.
Bank NiftyOur "TPS Trend Trading" Tool Prediction Of 22 Jun 2020
If Break Resistance Go Long
or
If Break Support Go Short
SBI - Cup & Handle - Descending triangleStill stock price travels on the handle portion (long handle)
Waiting for support from nifty side....
Also travel on Descending triangle pattern looks for short term bullish breakout....
Give u r likes and opinions...
kotak bankKotak bank is weak from last few day. Just wait for tomorrow morning candle to confirm whether it is false breakout or real breakout. We can check it buy many crossover of MA and EMA. If it is false breakout there could be potential upward moment but it have 2 resistance.
BankniftyBanknifty is weak, but still have very little upward movement of 20500. It have very good support at 19850 and next support at 19300.
Bank Nifty 16th JuneCalls given to Sell below 20392 with SL 20608 for Targets 20285: 20180 : 20069 : 19961 : 19853
!st three targets achieved. for daily updates please drop private message.
BANK NIFTY BANK NIFTY moving in channel, good short opportunity for those considering monthly options.
For Intra Keep an Eye on IV and take actions.
Short BN with profit ratio 1:5As we can see clear downtrend on bank nifty with a trend line acting as resistance one can short bank nifty for gain of 5 times.
12 June 2020 Bank Nifty may be Range Bounded marketBank Nifty on specific Resistance and Support Zone.
Movements might be arrested within the levels
20525 - 2010157.73 or it may Break 20057 and reach 19753
INDUSIND BANK Cup and Handle pattern!! swing trading !!
!! follow 1:3 Risk Reward Ratio and 2% Rule !!
!! please note trade with caution and manage your risk !!
!! all views for educational purpose, trade at your own risk !!
Request you all to like or comment on views as then I come to know that how much engagement on the post.
Paypal donation - paypal.me/shubhamkhan
BANK OF BARODABuy BANKBARODA above- Rs. 47 for the Targets of Rs. 57, 75 - 85.....
Stoploss- Rs. 35......
......
Comment your Views.....
Thank you,
Vishwajeet Sharma
SBI Breaks - Negative Trend - Step into Green Fundamental View
After announcing Q4 result SBI jumps up to 5% and 8% with in a day.
Net profit jumps to Rs 3,580.8 crore in the January-March quarter compared to Rs 838.4 crore.
(Net profit includes a one-time benefit of Rs 2,731 crore from sale of stake in SBI Cards & Payment Systems.)
SBI’s asset quality improved over this quarter(Q4).
Technical View
Technical chart also looks green for SBI.
Price level Crosses 50MA.
Breaks the downtrend channel.
Bullish engulfing candle on Monthly chart(Candle not closed yet).
Very high Volume.
My trading system gives long on SBI.
Follow your system and Trade/Invest accordingly. Be safe and use opportunity.
Disclaimer
This idea is only for educational purpose. Do analysis before investing or trading.
Thank You
ArunPrakash
Trader
BANK NIFTY LEVELS - NEXT WEEKBANK NIFTY (SPOT LEVELS)
BUY ABOVE 19325 SL 19000
TARGET 19490, 19780, 19950
SELL BELOW 19000 SL 19300
TARGET 18825, 18550, 18300
Posting for Educational purpose only
AXIS BANK "5" Day ChallengeExpecting Axis may go down to 345 levels within a week
if its Break 375 levels
<----Tradersspot---->
#Only Consider for Educational Purpose,Trade at your own risk
