NSE:INDUSINDBK Buy Best Banking Stock in range 990 to 1000.
Target :
1100 - month end
1250 - year end
Banking
HAMMER IN SBILIFE ???#WEDNESDAY#
NSE:SBILIFE
Follow @VK2413
BUY :- SBILIFE!!!
{
TRIGGER:-1070
TARGET:-1111-1200 even more....!
SL:-1021
};
WHY TO BUY ??
{
after a HUGE CORRECTION from past a month(AROUND 20% from its high) ,it's forming a HAMMER CANDLE (on WEEKLY CHART).
wait for this week ,let candle to form completely.
if it forms support ,we can see huge POTENTIAL in its growth.
BANKING SECTOR will recover faster than INDEX.
HOPE PEACE TALK of RUSSIA-UKRAINE begins SHORTLY !!!
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
} HAPPY TRADING;
Bank Nifty ( Intraday Update)Hello Everyone
This is an continuation update from Friday forecast, likely for 1-2 days view for bank nifty .
This structure will be cancelled when invalidation level will brake.
Bank Nifty Continues to Lead the rallyStarting December banking stocks are leading from the front, and there is a change in trend. Banks surpassed yesterdays high ahead of Nifty and the Rohits Momentum on hourly had a clear buy signal that did not whipsaw like it did on Nifty. Banks should continue to outperform the Nifty in the days weeks ahead and for 2022 as a whole in my view.
IndusInd Bank breakout entryIndusInd Bank close to breaking it resistance levels buy and aim for the target as shown above (Stoploss below Fibonacci 0.618 lvl)
Bank of Baroda [Weekly]Depending on the overall Market Conditions BoB looks good for grabs between 86-88. Should BoB bounce from support, you can probably capture anywhere between 10-12% (in a decent /responsive market).
Please read the overall market condition before investing. This is not an investment advice. It is just my point of view from a weekly perspective /time-frame.
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Keep in mind that if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
Bank Nifty - Bullish !!!Buy on all dips !! long term weekly chart !! inverted head and shoulder with crazy targets of 60K ++
RBL Bank - Bounceback tradeCan initiate buy above 165 keeping 161.45 as SL.
Target 169 and if keep 169 is taken out 174 can be seen
Do your own research before initiating a trade.
SHORT TERM VIEWLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
Kotak bank on watchlistKotak Bank can be kept on watchlist for entry above 1825 on below confirmations:
- Stock has moved above 200/50/20 DEMA confirming reversal.
- Resistance at 1825 needs to be cleared.
- Target ATH 2070
- SL Below 1740/20 DEMA .
* only for educational purpose. Not a recommendation.
AMAZING RISK REWARD RATIOEquitas small Finance bank can be bought from 61-63 levels for target being 68, 70, 70+ and a very rigid stoploss of 60, hence RR being 1:4, it also boasts of some good fundamentals when compared to other players of its sector.
Is Kotak bank coming back to Bulls race?It's been a while since Kotak is falling, but presently a triangle has been formed and the stock is below 200 ema, and to its benefit bank nifty is in a rising channel, a breakout can be expected soon.
HDFC BANK Long. RRR : 1.93Hello Traders,
Long HDFC Bank for RRR of 1.93. As per given entry exits and SLs.
This is a swing trade and can take up to 2 -15 trading days.
HDFC BANK ( LONG )here we are having a look at HDFC bank as you can see in the photo itself we can clearly see the stock has given breakout from a downward channel and that's a good sign for bulls as we come to the end of June the next month would be playing an important role for this stock since INDEX nifty has already made a new all-time high we are expecting bank nifty to be in the same range or pace since HDFC bank is heavyweight of bank nifty still room to move there are some important levels to look out the stock has tested the zone of 1520 multiple times and it is having high chances of breaking that level in coming days
one can take entry after the breakout of 1520 with STOPLOSS of 55-60 points with the target of 1640 level and the stock is showing some strong long build-up so we can expect bullish move in the coming days
DO FOLLOW YOUR RISK TO REWARD RATIO
Disclaimer- I am not SEBI registered advisor. All views shared are for educational purposes and should not be considered advice of any nature. Learn and Earn.
HDFC BANK Hourly breakout. Seems like the stock is getting ready for 1580/1600 levels once again. Banks in general are looking good after a good consolidation.
Bank Of Baroda - Range Breakout And Trend Line BreakoutBank Of Baroda - Range Breakout, Trend Line Breakout
Buy Bank Of Baroda
Closing Price - 84.45
SL - 61 (Monthly Closing Basis)
Target - 145/160/200
PNB – Accumulation Phase with Volume wait for breakout.Entry – above 42.55 only (else Stock is in Sideways Trend)
Stop loss – 33 (Trailing Stop 39.5 after Price gives a run up)
Target 1 – 59.7
Target 2 – 85.4
Duration – 1-2years
Fundamentally, No one knows how to value Public sector Banking Stock. And PNB had a Bad history with Nirav Modi Case. So No one knows Quality of Loan book.
Technically, Good Accumulation is seen in this script around 33 to 39 levels. However selling Pressure seen around 42.55
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
KOTAKBANK-if crosses above 1813, it may head to 1823 (T1) and than 1832 (T2).
-*if fall below 1803, avoid buy trade, but can be sold with proper SL*.
-for swing trade, it can be holded for around 3-4 weeks for Targets upto 2K.
Federal Bank: Bullish pattern, Targeting 7.5% of profitHello Traders,
Warm Greetings! As per technical analysis, federal bank is exhibiting bullish pattern, if it breaks above 89.35 you can enter the position and long for a target of 95.60 in short term (10-15 days).
"No more roadblocks to move ahead"- says IDFCFIRST - Will you ??Not a SEBI Registered - Do your own diligence - Not responsible for your Profit or Loss....
16/05/2021 Research Report For Bandhan BankShort @ C.M.P (CURRENT MARKET PRICE)
Buy Target 1 :- 270
Buy Target 2 :- 262
Buy Target 3 :- 254
Buy Target 4 :- 247
SL (Stoploss) 320
SHORT IN FUTURE CONTACT. AVOID OPTION
