Suryoday has given a good breakout of cup and handle pattern A weekly closing above 200 can be a good signal that ATH levels can be seen soon. Stock is available at a very good valuation. I had seen such breakout in Spandana which had blasted after breakout.Expecting a similar move here.
Hi This is an long term forecast of bank nifty, as per neowave cycles bank nifty is making bearish cycles. For complete understanding of price action do watch the video.
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
Hello and welcome to this analysis Bank appears to be in a lower time frame triangle suggesting the probability of a potential breakout. Off late has been an underperformer compared to other large private banks in the recent run in the banking sector. Extreme narrow range 1480-1540, broader range 1350-1775 Good opportunity to buy the dip and / or the breakout...
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...
RBL BANK BUY TRIGGERED Buy RBL BANK at 187- 190 Target 1 - 193 Target 2 - 214 SL - 182
SBIN BUY TRIGGERED Buy sbin at CMP 591 Target 600 - 603 - 608 SL 585
SBIN ready to fly. SBIN is on very good consolidation zone of 593. SBIN can take very good support from here. Targets as follows, Long Target 600 - 608
Attached: Daily Chart as of 16th June 2023 Holding above 182, a Target of ~ 200 is pending🎯📈 Rationale behind this Setup: - Observe Multiple Volatility Contractions as Price is forming a VCP - Strength on any Dip as it gets bought - Higher Highs and Higher Lows are intact - Price trading near 52 week high zone - PSU Banks are doing better than Private Banks so...
Proper Neat & Clean Breakout seen in Axis bank, Price is above 200 Daily EMA. RSI and MACD both showing a positive reversal in price. Chances are very very high we can see Axis Bank 915+ levels. So accumulate here at current price 880 and go for target which i placed on Chart. Please follow strict stop loss. For option lover:- Buy Axisbank May 800 Put option at...
1. IDFCFIRST BANK forming Falling Channel which is going to Breakout Sooner Or Later . 2. Can Possibly Test Fib 0.382 Level Before Breaking Out . So First Buying Zone Will be Fib 0.382 Level (details given in chart). 3. Fib 0.50 Level is coinciding with Important Support Level Of 46.50 ( which will be our second buying zone ) . if you get chance Buy here . 4....
Hello mates as we can see on 15 minute time frame chart it consolidate in a parallel channel whole day today so I am expecting it can give a crazy move tomorrow so for that I find out key support and resistance levels for it ideas sharing below BUY IDEA-: If the price will sustain above the resistance of 40785 and give a close on above that on 15 minute candle...
i have already posted my observation on bandhan bank earlier i have been watching this stock from 300 levels and have been waiting for this price have purchased small quantity will add more on both sides on up also and down also if trend changes from here then i will add on every dips and i will add on 220 210 levels if gets there my idea is for investing not...
I am looking BN downside for few sessions, If price sustains below 200 EMA on daily basis. Views are personal and solely for Educational purposes. Don't take any trading decision on this basis.
📈 HDFC Bank 📉 This Stock Broke out from a Downtrending Trendline Zone after testing four times with a strong green candle. Bias - Long Target - 1566, 1688 SL - 1429 RR- 1 : 2.5 All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult...
As you can see stock is consolidating between the range, . If Stock goes below 661, we will sell this trade for the target of 647. . What's your view on this comment below in the box.
As you can see in the chart, ICICI Bank share making W pattern, . So tomorrow if stock given the breakout, we can see the good upward momentum. . You can buy this stock above 736 for the target of 746.
As you can see in the chart, Axis Bank has made W pattern & given breakout on today. . So for tomorrow if stock goes above 688, you can buy this trade for the target of 700. . What's your view on this comment below in the box.