Stock gives breakout of Head and Shoulder Pattern on weekly timeframe and price is giving breakout, just wait for weekly closing to enter. Now this stock has the higher chances of moving upwards Best entry price around 190. CMP : 181 Target : 219 Target 2: 274 Stoploss : 163 This is not a buy or sell call, this analysis is shared for educational purpose.
Short-term View RangeBound Breakout and Consolidation going on. Which means accumulation in an Uptrend! Flag 🚩 Pole break out! Yet to give pole target 🎯🎯🎯. Go with proper SL. DO YOUR OWN ANALYSIS!
Did it just break the Jan 2015 price level ! If it can sustain this, 350 - 388 could be probable price levels that can be seen. SL around 199 Please note results / earnings will be declared tomorrow for this stock and also the upcoming interim budget on Thursday, so expect some volatility. --- --- --- To improve is to change; to be perfect is to change often. -...
As per todays selling seller may look for profit booking for tomorrow if gap up opening is there. Resistance at 43585, if fail may retouch to 43400 Support at 43243, If break then more selling can be seen Sellers are more active then buyers, Buyers can get active if BN trade above 43600 for more time. Note : Do your own analysis before making any trade or invesment.
- Gap opening can be expected -if gap up then bounce back till 44700 to 44750 may be touch -if gap down then then then it can touch 44200 to 44300 -44500 to 44400 may be important range level keep an eye on traps or fakeouts Notice : Fridays have big up and down moves Note : Do your own analysis before taking any trades or investments
Here, is the chart of Indusindbk, What's your opinion? Bullish or Bearish?
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...
Bandhanbank is displaying an Inverted Head & Shoulder pattern and is currently experiencing a constant upward trend with the formation of a rising wedge in some time frames. As per my analysis, buying on dips in this stock could be a favorable decision. However, it is recommended to wait for a small correction before initiating the trade. It is advisable to place...
Indusind Bank chart on daily TF shows breakout on falling wedge pattern. This is bullish signal. We can go long with targets 1230 and 1280 Just for Educational Purpose Only.
As IndusInd Bank Is at Top , volume and rsi Is Constantly dreasing .Time For Short After It Breaks Its Range Short At Range Breakdown.
Starting December banking stocks are leading from the front, and there is a change in trend. Banks surpassed yesterdays high ahead of Nifty and the Rohits Momentum on hourly had a clear buy signal that did not whipsaw like it did on Nifty. Banks should continue to outperform the Nifty in the days weeks ahead and for 2022 as a whole in my view.
CANARA BANK as per daily chart analysis once the stock breaks resistance 222 above 226 level for a target 240 level.
STATE BANK OF INDIA as per Daily chart analysis after completion of a Triangle Patttern. The stock was in brief consolidation on the daily chart. Today the Stock has broken the consolidation zone. Stock Monthly and weekly Candle is bullish. Above 492 level for Target 501 Level.
ICICI BANK as per weekly chart analysis today in the daily chart with a gap up it has broken the consolidation zone and in the uptrend momentum. Once it breaks 766 level then the stock target 800 level achievable.Before that there could be a consolidation as per weekly chart and lets see whether this time the stock consolidates or moves up to target.
CANARA BANK as per daily chart analysis today the stock has broken the consolidation zone and above 207 level then the target 214 is achievable.
ICICI BANK as per daily chart analysis has back in its consolidation zone and the support level at 706 / 687 and 673 level for the stock to consolidate and reverse.However one can see a fresh buying opportunity only after full correction completed.
Disclaimer: 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...
Medium-term Swing Trade (2-7 weeks) (Purely Price Action based trade) Canara Bank has posted very strong quarterly and yearly results and looks bullish in the future. It is approaching a very strong supply zone of Rs. 170-177 where it has faced rejection multiple times previously. If this zone gets broken with a good momentum and volume the following trade...