Bankofmaharashtra
Take a look: low risk; 50% ROI possible; don't missFundamentally good stock,
Good for 2-3 weeks holding.
For short term investment in cash market'.
Leave a " Like If you agree ". 👍
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Entry: 76
target: 79 - 88 - 112
sl: 68
major stoploss / support: 63
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Enter only after breaking & close above " Yellow box" mentioned.
Or else wait for some time.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency 💹
Refer our old ideas for accuracy rate🧑💻
Valuable comments are welcomed-✌️
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refer old ideas attached below
MAHABANK Analysis & PredictionThis is the analysis of MAHABANK in Daily Time Frame. Watch carefully. The chart explains itself.
Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock.
There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown.
Always maintain your risk management.
Book your profit according to your “STOMACH”.
Disclaimer:
This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About MAHABANK :
Bank of Maharashtra engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/ Wholesale Banking, Retail Banking, and Other Banking Operations. The Treasury segment includes investment, balances with banks, and interest accrued on investments. The Corporate/Wholesale Banking segment focuses on all advances to trusts, partnership firms, companies, statutory bodies, and individuals. The Retail Banking segment offers exposure to entity and concern. The Other Banking Operations segment provides all banking transactions not covered in other segments. The company was founded on September 16, 1935 and is headquartered in Pune, India.
BANK OF MAHARASHTRA - Swing Trade Analysis - 29th April #stocksBANK OF MAHARASHTRA (1D TF) - Swing Trade Analysis given on 29th April, 2024
Pattern: CUP & HANDLE
- Volume Buildup at Resistance - Done ✓
- Daily Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
MAHABANKMAHABANK-EQ
-Strong Breakout Candidate
-Round Bottom Structure Breakout
-Strong Range Accumulation
-Massive Volume Buildup
-Performing Good but had Bad Reputation
-Just for Trading & Swing not for Investment
Entry 🟢: Above 59
Target 🎯: 70, 85, 95, 100 ++
Stop loss 🔴: 53 WCB
Remark: Short Term
⚠️ Disclaimer : Chart & Levels are for educational purposes. Trade according to your Risk or consult with your Finance Advisor.
Technical Analysis for Bank of MaharashtraStock Name: Bank of Maharashtra
Symbol: MAHABANK (NSE)
Chart Pattern: Breakout of Resistance Zone
Trade Duration: Swing Trade (3 months)
Volume: Heavy volumes, indicating strong market interest.
Trade Strategy: Buy on Current Market Price (CMP) at ₹53.
Stop Loss: ₹46.50 for risk management.
Targets: ₹66.60 for potential profit.
#MAHABANK LONG TRADE IDEA SETUPGreetings 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 predefined stoploss
Bank of Maharashtra potential buy setupHi Guys, another one to add to your trading basket, correction is almost complete for next wave, next move can be 5th wave or third wave of 123 move, just don't get into technicalities of waves, move is very surely come, find your spot around 17.30 to 16.30. look for breakout then buy.
Thanks & Take care.