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Bankingsector

BANKNIFTY INDEX ANALYSIS FOR THIS WEEK!Hi everyone, Banknifty index analysis on 2hr chart & view for this week, we`ve seen more than 1000 points fall this week in banknifty index & 38,100 was important support price given breakout and price bounce from 36,900 reason harmonic prz abcd pattern level 2.0 (36,700-36,900) price can bounce from support & can go upto 38,100 to 38,400 level identified from harmonic half bat pattern level 5.0 and maybe fall can be continue. NSE:BANKNIFTY
NSE:BANKNIFTYLong
by UnknownUnicorn30938178
Short the State Bank of India (SBIN) StockHello, This is my Technical Analysis for State Bank of India (SBIN). According to my analysis the price will go up. We should take entry at 462 The 1st target should be at 451 The 2nd target should be at 440 Stop Loss at 468 Note: This is just a Technical Analysis (it doesn't guarantee that the analysis will always be the correct) if by any chance we don't reach to our targeted price and you lose money then I will not be the liable person for your trade/investment on any particular asset that you have made, only you will be the responsible for your lose. Thank you for understanding.
NSE:SBINShort
by BirhangBasumatary
CNX-PSUBANKHello All, PSU banks have been underperformers, however I can see a turnaround in this sector. A very beautiful VCP pattern is in formation and with a breakout of the horizontal line we may see some good rally in PSU banking stocks. Now, what to do after knowing this? How to look for stocks in this sector which may give good returns? Simple solution: 1) Take out the list of PSU banks. 2) Observe their charts. 3) Watch out for the one's which have already started to outperform their sectoral index i.e. CNXPSUBANK. 4) Keep a track of the stocks which are near their breakout zone or are trading at their resistance/support zones ( add them in your watchlist/ place price alerts). 5) Once you prepare a list of such stocks, read about them. See news articles related to those banks. I am sure you will find some good articles as to how their results might be. Note: Once you find your bet do not simply put in all the capital you want to invest in one go. Enter let's say 50% of the amount you want to invest, and then if the stock behaves in your direction you may think of adding further capital. Learn Pyramiding. I hope you will all follow this process and omit/add steps to it while filtering the stocks as per your experience/expertise. Do reach out to me incase you have any doubt or any advise/suggestion for me:) Happy Trading!
NSE:CNXPSUBANKEducation
by Ankit_Oberoi
KOTAK BANK : BullishEvery impulse wave follows some set of rules which we call them as SUTRAS for wave analysis. They are – 1. Wave 2 cannot move beyond the starting level of the wave 1. That means wave 2 never retrace 100 % of the wave 1. 2. Wave 3 is never the shortest one among the wave 1,3 & 5. It does not mean that it has to be the longest one. 3. Wave 4 never intervene into the price territory of the wave 1. The stock can be considered in its 4th wave & is about to complete the 4th wave very soon. One should go long on current levels with SL of 1826 & look for the targets of 2170-2200 .
NSE:KOTAKBANKLong
by TradingSutra
4
bankindia stock analysis CHART OF BANK OF INDIA (BANKINDIA) 1. Today we'll discuss another stock i.e. BANK OF INDIA 2. Today Date is 14-09-2021. 3. Currently stock is trading at 56.10 which is shown in image. 4. There is technical target is 84, from 56.10 to 84 is approximately 50 % upmove gain. which mean if we buy at lower price then we have good return 50 %. 5. How much time it takes to reach target, according to my analysis, it takes maximum 5-6 months 6. If we are talking about here book value this share book value is 111 and currently trading is 56.10. 7. Public have only 4.65 holding and promoter which is president of India have 90 holding. Remaining little holdings are in hands of FII and DII. IMPORTANT RULES 8. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading. 9 We never sell stock in loss. 10. We are investing in equity share. Disclaimer:- I'll post here stocks analysis for educational purpose where you can learn. This blog is totally educational purpose, not a recommendation of stocks buy or sell.
NSE:BANKINDIA
by mantusharma13
Symmetrical Triangle in INDUSIND BANKWe can see a formation of a symmetrical triangle in the INDUSIND BANK 4 hours timeframe chart. This setup looks good to me, an entry above 1045 for targets of 1120 and 1240 with a stop loss of 962. Here the risk-reward ratio is 1:2.35 for the final target of 1240. Also, it is taking good support from the 200 EMA, which is a positive sign for the bullish movement. We can see the final target within a time period of 1 to 2 months. It is just my analysis, if you go long you should do your analysis before entering.
NSE:INDUSINDBKLong
by tanishb09
Bank Nifty 13-7-2021Bank Nifty is looking quite bullish as Nifty 50 is also bullish but one thing that you should remember is that the Bank Nifty is considerably weak then Nifty 50. So you can expect a bullish view tomorrow. A gap up is expected because 1. There can be a break out due to ascending chart pattern that I analyzed in previous analysis. So keep an eye out their. 2. After analyzing the option chain we saw that the call writers exited their shorts in huge and amount and their is a short buildup heavily on the bullish or put side. 3. The PCR is 1.18 which is slightly overbought this is one of the reason why Bank Nifty is weak than Nifty 50. 4. The Bank nifty has gave a great closing of above the dangerous level of 35500 which is quite a bullish sign. Now, the major(Yellow) and immediate(Blue) supports and resistance zones are give below. You can have a bullish view for tomorrow. . . . . . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line , option chain data, etc,. Stock Market or Trading in any type of market is subject to high financial risk. You should see this idea as just an analysis. You are not obliged to follow my instructions. You will be responsible for all types gains or loses in the market.
NSE:BANKNIFTYLong
by vashishthviraaj
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.
NSE:HDFCBANKLong
by Siddhesh28
AUBANK - Contraction pattern below a very good support trendline🔰 MY thought process : ⭐Elliot waves for the uptrend ended while giving it an ATH now it has broken a serious trendline = downtrend but it's on its monthly support zones which were used to be resistance zones :) ⭐Also at 0.3 fibo so and making a good contraction pattern below the good uptrend line and 50dema, A buy would be initiated if it breaks the consolidation with power :) ⭐Risk will be: if it breaks the trendline for below = SL, Targets : at least ATM 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :) Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:AUBANKLong
by Averoy_Apoorv_Analysis
9