INTRADAY TRADING STOCKS - AXIS BANKThis channel provides Nifty and Bank Nifty analysis and provides swing trades for equity.
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Rising Bull💯
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18/10/2021 Research Report For AXISBANKDisclaimer:
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 your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single ruppe, please do your own rerearch according to your risk taking capacity and after that do invest and book profits on right time.
Buy Below 802 or Maximum 811
Target 1: 820
HDFC Bank big Breakout 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
Targets 1700,1780
SL 1600
Long term 1800 2000
(No SL)
HDFC bank is one the most fundamentally strong company and with its upcoming plans o expanding in rural areas makes it one of the best long term bet.
For short Targets duration is 3-4 weeks
and for Long term targets 1-2 years
OUTLOOK ON INDUSINDStock- Indusind bank
Cmp - 1039
Resistance- (1060-1070)
#fundatechnoinvest
FUNDAMENTEL HIGHLIGHTS-
-Net Income of the bank increased 11.52% QoQ & 193.82% YoY
-PE Ratio is comparable to Industry leaders.
PB ratio is much less than other its peers, which makes it attractive for investment.
-CASA % decreased to 40.37 from 43.14, which is comparable to other banks as well.
Things to worry about🛑-
-Gross NPA & Net NPA % increased QoQ
-Net profit margin down to 9.78% from 15.34
Long term trend change ahead?
Share your views in comment.
@sumitsanghavi09
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Get ready for HDFC's momentum Look at the beautiful chart.
Also refer to my previous post for more detailed view. ( NSE:HDFC Link is attached below)
Thank you.
All the best.
Happy investing/trading.
HDFC is ready to take off.NSE:HDFC HDFC is about to go to the sky. Make sure that you are in it before it takes off 😁.
HDFC group has been underperforming the whole markets.
It is consolidating for a long time.
A triangle pattern is also formed in daily time frame.
You can see long wick candles indicating momentum built.
It also formed several doji patterns.
HDFC is near the pivot point which is a turning point.
All the best!
Happy investing/trading.
SBIN Setup I know my charting some times gets complicated because I very much use every technical analysis tools and some theories of #Gann and #Fibonacci.
This is a very simple Setup for tomorrow with the confluence of resistance in the trade. Buy once it's broken. Don't short #PSUBANKS right now.
Thank you
PNB – Accumulation Phase with Volume wait for breakout.Entry – above 42.55 only (else Stock is in Sideways Trend)
Stop loss – 33 (Trailing Stop 39.5 after Price gives a run up)
Target 1 – 59.7
Target 2 – 85.4
Duration – 1-2years
Fundamentally, No one knows how to value Public sector Banking Stock. And PNB had a Bad history with Nirav Modi Case. So No one knows Quality of Loan book.
Technically, Good Accumulation is seen in this script around 33 to 39 levels. However selling Pressure seen around 42.55
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.