>>Stock has been in an uptrend since last year. >>Over one year, it has been following a special trend line. >>Since January 2023, it has slightly changed its direction and is now forming a beautiful symmetrical triangle pattern. >>Today, it has reached its resistance level and appears promising to break it. >>If it breaks the trend line, we can initiate...
Can you guess what is going to happen in Federal Bank, Comment below...!
Inverted Head and Shoulders Buy @ 67 SL : 49 Target : 80-100-120++
IDFC First Q1 Result. Impressive performance across the board! Deposits up 44% YoY, Advances up 25% YoY, Profits up 61% YoY. Net NPA down to 0.7% (Which is very good indication). ROA at 1.24% vs 0.97% YoY. QoQ net income down -731 Cr. vs 816 Cr. in Q4FY23, but excluding a one-off income of 180-200 cr. from the last quarter, results are still better on a QoQ...
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
BankNifty, the banking index in the Indian stock market, currently shows a promising setup for short selling. Based on technical analysis, it is recommended to consider initiating short positions within the range of 44508-44722. This range is believed to offer favorable selling opportunities in the market. The primary profit targets for this short-selling...
Strong Chart pattern, along with improvement in business and strong Q1 number which will continue in further quarters as well!!
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 44300-44350 Towards Target of 44500 With SL of 44290 Support 44200-44150 Towards Target of 44000 With SL 44200
HDFC BANK has been consolidating for a long while near its resistance areas. This is showing that the sellers are losing their grip on the supply zone and buyers are willing to push the stock ahead and change the market structure. The breakout has not yet happened but the signs look positive hence keep it on your radar. Disclaimer - Please take positions as...
BankNifty Trading Levels For Tomorrow’s Trading Session Resistance 44150-44200 Towards Target of 44400 With SL of 44100 Support 43650-43600 Towards Target of 43400 With SL 43700
The banknifty index is stuck in a range from 44150 to 43500 levels , any breakout or breakdown of these levels can give a directional move in the index , on the downside expect banknifty to touch 42800 levels if the range is broken downside ,higher probability trade will be on the upside if all time highs of index ie 44150 levels gets broken , one can enter on...
Kotak's share is at the end of the support zone, giving an opportunity to enter a position with a tight stop loss and limited risk. Since the overall global banking sector is under pressure with the collapse of three banks within a week, there is a higher probability that this trade will be stopped out. The expected return on the strategy will range from 17-25%....
SBIN has made breakout of 565 levels and made a close above it. RSI is above 60 levels and banking sector has outperform nifty with help of this stocks. SBIN has its earning release on 30th may. Stock has retested levels of 565 and taken support at that levels which means SBIN is not likely to go below 565 levels. SBIN has next resistance 595 levels where we...
EURUSD dribbles around a fresh 13-month high marked the previous day as it pokes the neckline of an inverse head-and-shoulders bullish chart formation, close to 1.1090 at the latest. A successful break of the said hurdle would theoretically confirm a major uptrend targeting the year 2018 peak surrounding 1.2550-60. However, tops marked during March 2022 near...
SBIN Took support from multiyear support trendline and is ready to touch 650+ levels. SL of 40 points for RR 1:3
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move
Gold price seesaws around the top line of a five-month-old bullish channel, recently supported by the 10-day EMA. It’s worth noting, however, that the smaller gap towards the north joins descending RSI (14) line and easing bullish bias of the MACD signals to keep XAUUSD sellers hopeful. However, a clear downside break of the 10-day EMA, around $1,955 by the press...