This is the chart of BANK NIFTY on a weekly. How far can you stretch the kite? Not very I reckon. Only a matter of time.
BANK
[INTRADAY] #BANKNIFTY PE & CE Levels (28/02/2023)Today will be a slightly gap up opening in BANKNIFTY. Expected opening below 40450 Level. After opening possible further downside of 400-500 points from 40450 level upto 40050 level. And this can extend for another 400 points if it gives breakdown of 39950 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 40550 level.
bank nifty / sell modebank nifty is inn sell trend .
in higher time frame have trend line break out.
and market have to collect the liqudity
if trend change we can see a new high in few weeks...
happy trading
Nifty and Bank Nifty levels to watchNifty and Bank NIfty Intraday levels
Trend will be range bound to bearish
HDFC Bank Weak Below 1648-46 Intraday Level HDFC Bank Intraday Level
If HDFC bank Go below 1648-46 then We can see panic selling in Bank Nifty Let see
Bank NIfty 7 Feb 2023This is Bank Nifty Intraday Levels for 7 feb 2023.
This level help you in Intraday Trading
Follow For More Chart and Levels
Falg breakfast....On 15 min charts bank nifty formed flag pattern after sharp sell in morning. So we can trade after breakout or breakdown. So go long when 42500 sustain in 15 min chart. Go short as soon it break 42300 level. So trade with sl
[INTRADAY] #BANKNIFTY PE & CE Levels(06/02/2023)Today will be a flat opening in BANKNIFTY. Expected opening above 41500 Level. After opening if banknifty sustain above this level then possible upside rally of 400-500 points upto 41950. And this rally can extend for another 400 points if it gives breakout of 42050 level. Any Major downside only expected in case banknifty starts trading below 41450 level.
Banknifty above 40800 in 4 hour chart provide opportunity to buyBank nifty above 40800 in 4 hour chart will provide us an opportunity to BUY 40500 CE for next week with Strict Stop loss
[INTRADAY] #BANKNIFTY PE & CE Levels(27/01/2023)Today will be a gap up opening in BANKNIFTY. Expected opening below 41950 Level. After opening possible reversal of 400-500 points from 41950 level. And this can extend for another 400 points if it gives breakdown of 41450 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 42050 level.
Banknifty 18/01/2023 Buy level and Target levelBanknifty levels
Buy above Green line take ENTRY
Buy above Red line take ENTRY
(EDUCATION PURPOSE ONLY)
Today view about Nifty Bank.Hello to everyone, here is my view about selling and buying according to levels in BankNifty. This is only for study purpose.
Bank of Maharashtra - Daily cmp 30.70Triangle breakout above 31.60
Targets can be 33-36-38-41
SL- closing below 28.50
*This is just a view, trade on your own risk,
BANK NIFTY This analysis is in 15 minutes timeframe ON MONDAY if you see any side breakout you can activate the swing,
or try to take a " 1:2 " risk ratio at the start and
then you can activate your swing after that bring your stop loss to cost and continue your trade...
NSE:BANKNIFTY
CANARA BANK ANALYSISThis analysis is in 15 minutes timeframe ON MONDAY if you see any side breakout you can activate the swing,
or try to take a " 1:2 " risk ratio at the start and
then you can activate your swing after that bring your stop loss to cost and continue your trade...
BANK NIFTY CHART for tommorow Today will be flat opening in banknifty . After opening if banknifty starts trading above 42850 level then expected further upside rally upto 43350+ level and below 42850 starts trading for downside upto 42500
Bank nifty 1 hour chart with Fibonacci Bank nifty 1 hour chart with Fibonacci with Retracement for better trading decision.
Above 43500 must be a buy with small SL for next week option.
My opinionAs global sentiment little positive, the Indian bank nifty bit higher side as per my view. Bank nifty riches near major trendline which is also react as resistance.
Bank Nifty in Coming weeksBank Nifty view as per developing patterns considering budget 2023 may go upto 45500 as per weekly chart.
Small correction might be seen till the event after that we may see a big correction to 37500. Note the dates and patterns.
AU Small Finance Bank Limited ( Swing Trade)ABOUT
AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services.
BUSINESS SEGMENTS :-
Personal Banking: It includes branch banking (Savings Account, Term Deposit, Bank Locker, Life & Health Insurance, General & Fire Insurance, Mutual Fund and 3 in 1 Trading Account) and Loans & Advances (Vehicle Loan, Home Loan, Personal Loan, Gold Loan, and Credit Card).
Market Cap = ₹ 45,284 Cr.
Current Price = ₹ 680
High / Low = ₹733 / 462
Stock P/E = 36.0
Book Value = ₹ 119
Dividend Yield = 0.07 %
ROCE = 7.19 %
ROE = 16.6 %
Face Value = ₹ 10.0
PROS
Company is expected to give good quarter
Company's median sales growth is 38.1% of last 10 years
CONS
Stock is trading at 5.71 times its book value
Company has low interest coverage ratio.
Promoter holding has decreased over last quarter: -2.63%
Company might be capitalizing the interest cost
Note : Good For Swing Trade
Bank NIFTY 30 Minutes chart break outBreak out is possible as per the Bank nifty 30 chart - seems like inverted head and shoulder - though it was not exactly like that.
But any break out from that level will ensure 200 points in Bank nifty ,where we can buy Bank nifty 43100 CE 22nd December expiry
Ensure strict stop loss of 30 points below from your buying price
INDIAN OVERSEAS BANK ---WEEKLY BREAKOUT INDIAN OVERSEAS BANK --WEEKLY CHART --TRENDLINE BREAKOUT
1. Trendline breakout seen on weekly chart above 20 level
2. Double bottom formation seen at 15.50 level from where stock at uptrend following trendline .
3. RSI seen above WMA and above 60 level at bullish zone
4. stock above 50,100,200 SMA
5. one can inituate Long position at breakout level 21-23 TARGET 25-27-30 Short to mid term and stop loss bellow new trendline support at 17
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk ,!!
HAPPY TRADING . !!
