HDFC Bank's Q4 performance has been applauded by many. The amazing improvements in the deposit growth of the bank and improved fundamentals makes the stock look good for a medium to long term investment. Here are the details- CMP- 1524 Targets- 1580 (Short to Mid Term), 1600 (Mid to Long term) Trailing Stoploss- 1465 Duration- Atleast 2-3 weeks, scope for long...
The chart indicates a buy signal for the near term. given that the market saw a significant consolidation rejection at the lower end support ! @ 45600-45800 next zone: 47350–47600 aREA Banks that may support = hdfc bank, icici bank , neutral: axis bank weak: kotak bank
Degree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles. Any last minute update will be done on our tradingview live links. I hope you are enjoying my...
Degree full forms- L1 stand for Long term wave 1 and so on L1 stand for Medium term wave 1 and so on s1 stand for short term wave 1 and so on Hello Everyone, Welcome to Trading Idea, This is a short term forecast but trade always in direction of bigger cycles. Any last minute update will be done on our tradingview live links. I hope you are enjoying my...
Hello Everyone, This is an update of our previous forecast of bank nifty. Kindly share this with your friends and follow us for more live updates. Thank You. Medium Term Forecast-
PNB at Major levels, with momentum and with little support from Sectors. Conservative Traders can enter after Breakout and Retest. Anyway stock is towards Monthly Supply which is on TOP. Have your own Analysis too.
As chart shows a flag pattern has been formed in 30 min time frame and also bank nifty traded tightly today. which conclude that this range can burst out either bullish or bearish. Another thing to notice a bullish wick reversal candle has formed which gives a hint for bullish side strength into bank nifty May be a gap opening for tomorrow also expecting a...
RBL bank has been bearish since past few years. Stock is showing strength and some signs of reversal. Breakout Entries are always riskier. Levels mentioned on chart. A consolidation above breakout zone is always a good sign.
nifty psu banking stock going again after good results watchlist.. 1- union bank 2- indian bank 3- canara bank 4- pnb 5- bank of india 6- bank of mah 7- jk bank
Union Bank of India is engaged in the Business of Banking Services, Government Business ,Merchant Banking, Agency Business Insurance, Mutual Funds, Wealth Management etc. - Company has delivered good profit growth of 29.5% CAGR over last 5 years. - the Largest PSB in Business Mix - 9.4% Share among PSBs in Business - Operating Profit ₹ 14,400 Cr Increased by...
Buy SBI Card Between 750-760 SL 710 (50Rs) Target 1: 835 Target 2: 875 Target 3: 915 Target 4: 995 Target 5: 1160 Duration 6moths to 1 Year Closed above 50 SMA with volume, possible reversal . Trade as per you risk rewards.
Kotak mahindra bank have given a beautiful breakout and volumes are also good and stock has crossed 20 ema. Stock has taken support from it's majormsupport we can see a good upmove
Greetings Folks, today I have prepared a setup of MAHABANK on NSE the analysis is as follows- - price is currently facing a static resistance which has been tested earlier - its very probable that tomorrow it may end up breaking this resistance - wait for retest before entering as it may also be a bull trap by institutions don't play with fire, always use a...
Greetings Folks, today I have prepared a setup of IOB on NSE the analysis is as follows- - The price was in a bearish leg - its trying to pickup bullish momentum through a minor choch - have mentioned 2 entries, use according to the tomorrow's market don't play with fire, always use a predefined stoploss
Hello Guy's, Kotak Mahindra Bank chart looking very attractive, we can see Falling resistance trendline breakout and pull back pattern, and it has formed double bottom kind of pattern too, and today Kotak Bank has posted September quarter result also, Results are mind-blowing, I will write it down here, Sales has come 13717Cr, which is increased by 37% YOY EBIDT...
Chart Type : Candlestick Time frame : Daily Tool Used: Fibonacci Extension Please note that this analysis is based on the geometry of the chart, it is not a data based analysis. From March 2023 the price has moved 85%. But for analysis we consider a strong swing of 65% which is from July2023 to today's candle and the Fibonacci extension is not drawn on the...
Good uptick in business performance, next few quarters look in line for growth as well. Inverted H&S target 20Rs.
Good Morning Mates. Yesterday We have seen Higher highs and highers low formation in Banknifty. Mates Banknifty jumped 263 points to 44494.65 and formed a bullish candlestick pattern on the daily charts. Guy's keep watching 44500 levels, Because if banknifty is going to give successfully breakout of 44500 levels then we can see Banknifty towards 44714/44944+...