Bank Of India Daily timeframe analysis for long
NSE:BANKINDIA was in narrowing range over several months, now with increasing volume above 109 with SL 100.
Major Targets Highlighted in Blue lines, sub targets in grey lines.
BANKINDIA
Bank of IndiaHello and welcome to this analysis
Since end Jan we have see the stock consolidate and drift down, prior to that for 4 years the stock gave a strong rally.
Crucial support at 90-95 with strong resistance at 150.
Investors could look to accumulate as medium to long term outlook remains very strong.
Had covered Union Bank of India earlier this month. Link is given below, can check the analysis for it too.
Happy Investing
BANKINDIA - nice setup to study and take positionNSE:BANKINDIA
cmp 125
one can take position here at 125 or wait for BO above 157
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Short Term Swing Trading Idea in Indian Bank 15% UpsideHi,
NSE:BANKINDIA has given a Bullish Inverted Head & Shoulder Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Triple Bottom Breakout - Keep An Eye - BANKINDIA📊 Script: BANKINDIA
📊 Sector: Banks
📊 Industry: Banks - Public Sector
Key highlights: 💡⚡
📈 Script is giving breakout of Triple Bottom on daily chart.
📈 Stock was facing resistance at 149 level, today it has given breakout and closed at 150, keep an eye on stock it may give good rally.
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Already Crossover in Double Moving Averages.
📈 Right now RSI is around 63.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 150
🟢 Target 🎯🏆 - 161
⚠️ Stoploss ☠️🚫 - 144
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
BANKINDIA - huge potential - swing trade + investmentThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself.
Price has come out of stage-1 accumulation. one can notice the high volume activity as well in recent months. Now it has been giving pullbacks as per market conditions and seems to be ready for further upside (refer zoomed in chart)
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Bank of India - Long Setup, Move is ON...#BANKINDIA trading above Resistance of 145
Next Resistance is at 202
Support is at 108
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bank of India - Long Setup, Move is ON...#BANKINDIA trading above Resistance of 123
Next Resistance is at 145
Support is at 101
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BANKINDIA - Long Setup, Move is ON..NSE:BANKINDIA
✅ #BANKINDIA trading above Resistance of 133
✅ Next Resistance is at 215
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Bank of India - Long Setup, Move is ON...#BANKINDIA trading above Resistance of 101
Next Resistance is at 123
Support is at 69
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
BANKINDIABANKINDIA:- If the stock sustains by giving a breakout of 76 level, then we can see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BANKINDIA | 25-30% Targets | SwingAll information given is only for educational purposes. I am not a SEBI Registered analyst. Please consult your financial advisor before investing.
BANKINDIA - Long Setup, Move is ON..NSE:BANKINDIA
✅ #BANKINDIA trading above Resistance of 101
✅ Next Resistance is at 133
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
1D BANKINDIA (Bank Of India) - Short Position1. Pinbar formed at S/R level
2. Fibonacci Retracement 61.8% confirms that S/R level.
3. Trendline is in perfect position for the pinbar which acts as trendline.
4. Stop Loss and Take Profit levels are perfectly mentioned in the chart window.
5. Once Take profit level reached, try to sell half of your stocks position there and move your stop loss to breakeven and run another half stocks for freedom.
Thanks by
Pupathi Sadagopan
BANK of INDIA Monthly Analysis for longer period
NSE:BANKINDIA Monthly Analysis for longer period
Trendline Breakout
Since 2020 it has consolidated and gave good breakout with strong volume.
BANKINDIA - Huge Volume Breakout- Bullish H&S pattern - Swing The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BANKINDIANSE:BANKINDIA
Choose your chart for intraday charts analysis
and chart based on price action stretegy.
BankIndia is at an important stage to go up or downBankIndia is at an important stage to go up or down :
Reasons/Traits :
• Came to test the trend line
• Volumes are high
• Todays close is higher than recent lower high
• Price above 13/20 and crossed 50 EMA today and inching to 200 EMA
• Price above VWAP
• Increased open interest, high deliveries
What can happen next :
Scenario 1 : Price sustaining above 62.5 levels can take it to 65/67.5/70/75/80/85 levels
Scenario 2 : Price break down below 60 can take it down to 55/50/45 levels
Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Please do like and share this idea. Thanks
BANKINDIA :: LONGBANKINDIA :: LONG
-------------------------
Buy Range :: Below 60.85
S/L :: 57.4
Target 67+
Trail using FIB Levels or SuperTrend Indicator
/**
Caution : PSU Bank stock... Prefer allocating <10% of your capital.
This is just a probability analysis and trade at your own risk.. And re-read "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
#NAVKARCORP NAVKARCORP #INVEST #MONEY #NFT #CRYPTO #NSE #BSE #IT#NAVKARCORP
Navkar Corporation Ltd.
NSE:NAVKARCORP
NSE:NAVKARCORP
CMP: 46.7
Target: 60
Sl: 42
DDuration: < 6M
Almost 28% Safe Return expected.
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
#MIRZAINT MIRZAINT #NIFTY #BANKNIFTY #FINNIFTY #NFT #CRYPTO #IOT
Mirza International Ltd.
NSE:MIRZAINT
MIRZAINT
CMP: 71.85
Target 88++ // HUGE RALLY EXPECTED 100++
SL: 63
Time Frame: < 6 months
Factors:
BULLISH WEDGE BREAKOUT
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations.
With 💚 from Rachit Sethia
