Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor...
All levels are mentioned on the chart it self
Safe players can wait for a pull back and enter as per levels
Risky people can enter according to their risk management.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at...
The stock trading at its previous years all time highs of october 2017
On weekly time frame WTF
If the stock break its levels of 128 at closes it above on WTF
then we have to wait for some consolidation on that level and breakout
then there was a good entry point in this stock
ALWAYS FOLLOW YOUR TRADING & R:R RATIO
HAPPY TRADING NSE:FEDERALBNK
Axis Bank - A heavyweight in Bank Nifty and Nifty is taking support at the neckline of W pattern. Axis bank formed a perfect W pattern and then Axis bank is taking support at the neckline of W formed. Moreover we can clearly see the volumes increasing as compared to previous days. This stock can be kept in the Watchlist to gain some profits.
This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from...
HDFC bank has just given a breakout from it's double bottom pattern. But volume and Rsi indicates lower strength so we might se pullback tomorrow and that should be taken as an opportunity to enter in this golden stock
Buy at 1645-1650
Long term 1800 2000
HDFC bank is one the most fundamentally strong company and with its...
- Made a pinbar candle on trendline support
- Looks bullish as of now
- 37000 is strong support zone
- Many banking stocks looking bullish
#investing #nifty50 #trading #Banks #StockMarket #hdfcbank
SBI gave a good move on 16 September. It was muted by the china reality crisis and global cue. Now it is gathering up the fuel to move again, this time it can be huge as the government have made resolution plans for this NPA filled PSU banks.