BNF TO PULL BACK TOWARDS 27415 JUST TO CONTINUE LOWERWait for pullback to occur and go short with T1 @ 26971-26806
Banking
ICICI BANK LONG TERM VALUEAS A BROAD APPROACH, BANKING SECTOR SHOULD STAY BULLISH AT THIS POINT TILL NEXT YEAR AS VARIOUS TAXATION BENEFITS WILL PROVIDE MORE CASH FLOW FOR THE BANKS.
BANKS MIGHT HOLD MORE CASH THAN EVER BEFORE AS MORE ACCOUNTS WILL USE IT'S SERVICES TO INCREASE THE OVERALL REVENUE OF THE BANKS.INCREASE IN CASH FLOW WILL INDIRECTLY INCREASE THE VALUE OF THE STOCK AND A BULLISH TREND IS EXPECTED.RBI MIGHT FORCE BANKS TO PULL MORE CASH FROM THE COMMON MASSES AND BANKS WILL SURELY PROMOTE IT'S SERVICE TO DO SO.
BANK NIFTY: WEEK-TECH-SHEET-> 21ST January 2019 to 25th January BANK NIFTY: WEEK-TECH-SHEET-> 21ST January 2019 to 25th January 2019
Bank nifty moves around – 577 pips from 21ST January 2019 to 25th January 2019, in which bank nifty break last week 14th January 2019 to 18th January 2019 top 27611.55 and bottom 27182.20.
As mentioned on reference 4th January 2019 evening order
Bank nifty attained target 3, yet to attain target 4
Target 4: 28000
MyAlgo: xRAM-Creator: Intraday call:14Jun-BANKBARODA-LongBased on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 14-Jun-2018 for BANKBARODA
Buy Above(5Min candle close): 137.1 for targets -
T1: 138.1
T2: 138.7
T3: 139.4
SL: 136
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(08-May) - CANBK - LongBased on my PredictiveSystem's signals, today (08-May) its going to be a GREEN candle for NSE:CANBK
Buy above: 263.6
Target-1: 265.3
Target-2: 266.6
Target-3: 267.8
Stop loss: 261.1
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
My PredictiveEngine's Intraday call(08-May) - ICICIBANK - LongBased on my PredictiveSystem's signals, today (08-May) its going to be a GREEN candle for NSE:ICICIBANK
Buy above: 290.8
Target-1: 292.9
Target-2: 294.3
Target-3: 295.6
Stop loss: 288.2
Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before attempting any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
BANKNIFTY LOOKING POSITIVE (ABCD PATTERN COMPLETION)It is been observed on the daily chart that the price action reaches to the strong support levels and completed a ABCD bullish pattern. It is indicative of an upward move ahead. It shall reach to 38.2% retracement of A to D leg.
Target (1): 18600
Target (2): 19000
Stoploss: 18100
Yes Bank - Dipping Down It is been observed on daily chart that the price action making Lower Lows and Lower Highs and reaching out to support levels at around 1075-1050 levels.
Target 1: 1075
Target 2: 1050
SL: 1195
KARUR VYSYA BANK - Descending Triangle Breakout It is been observed that price action makes a strong support levels at 460 levels where it jumped back price action and formed a descending triangle. Now, it has confirmed a breakout from the triangle indicating further bullishness. It shall move forward to 500 levels as per the measuement of triangle rules.
Target: 500
Stoploss: 475
SBI BREAKING OUT CHANNEL (Short)The price action breaks out from a up trending channel indicating weakness.
Target: 235
Stoploss: 260
