HDFC Bank's Q4 performance has been applauded by many. The amazing improvements in the deposit growth of the bank and improved fundamentals makes the stock look good for a medium to long term investment. Here are the details- CMP- 1524 Targets- 1580 (Short to Mid Term), 1600 (Mid to Long term) Trailing Stoploss- 1465 Duration- Atleast 2-3 weeks, scope for long...
bank nifty has got rejected various times from highs so be careful my dear traders
YesBank is back from the dead and gave a weekly breakout. Add some qty once it retraces the support area. NOTE: I'm not a SEBI REG. Study before investing.
Banknifty is consolidating in a range for last two trading session and chances are of a trending market on the expiry. Vix is trading around 15, if it increases there will be another sideways market, else there can be a trend market if the Vix cools off. Still, it is taking rejection from the 20 ema on the hourly charts, even the closing is below it. In case of...
Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking. Financials: TTM EPS: 13.10 TTM...
BankNifty Analysis - Stance Bearish ⬇️ The chart of BankNifty was more dramatic and powerful. The total swing range was 765pts ~ 1.59%. The support of 47539 was broken only at 14.31 and there was not much time left for the next leg of fall today. 4mts chart link What BankNifty and Nifty have done in January was to take out the stop loss twice. Last week we saw...
- The Indian Indexes are looking stretched now. - It's better to be a little patient first and then take trades impulsively - Do not long or short based on anyone else's idea. - It's very important to wait for a retracement which will give you a better confirmation for swings
BankNifty Analysis - Stance Bearish All checkboxes ticked for a bearish trend reversal. Firstly, we got confirmation when we breached the ascending channel bottom line. Secondly, there was no attempt to retrace once we started falling. The low of the day was hit towards the end of session. 4mts chart link - click here BankNifty has been the torchbearer for...
CUB is showing strength and available at an attractive price which usually attracts big investors. One can enter above this zone or at the LTP for some accumulation. NOTE: This is Weekly time frame and it may take a little longer to come up, so enter with that mindset.
BankNifty Analysis I initially thought the wolf in the sheep’s costume was NiftyIT today spoiling the fun of the Bears. The real culprit was BankNifty - the way it defended its turf today was more than amazing. Even though we had a lower opening, HDFCBANK was staying strong at one end. You know pretty well that HDFCBK alone can drive up/down the index as its...
Banknifty recover from 47000. fall from 48000 next week strong support based on Open intrest 47000 strong resistance open intrest 48000 whichever side break go with flow
Greetings Folks, today I have prepared a setup of IOB on NSE the analysis is as follows- - The price was in a bearish leg - its trying to pickup bullish momentum through a minor choch - have mentioned 2 entries, use according to the tomorrow's market don't play with fire, always use a predefined stoploss
BankNifty Weekly Expiry Analysis BankNifty had 1 extra in this week as the last expiry was on Wednesday. But the extra day was cut short as we had a scheduled holiday (Dussehra) in between. BankNifty did not fall as much as Nifty, it fell only 3.64% ~ 1597pts compared to 3.9% on Nifty. The premiums on the option strikes were not good enough except today. But I am...
Here, is the chart of Indusind bank which we already shared with your earlier... Lose significant amount today.....
Here, is the daily time frame of Kotak bank Chart... In the range currently, can give significant move once it breaks....
Here, is the daily time frame chart since we are tracking from last year.... and Had a fruitful results.... What's your view on HDFC bank?
Banknifty today was too volatile and closed almost flat to negative losing 42 points. It has been trading below the 20 ema and today also it closed below the levels while nifty has closed above its 20 ema. Both the indices were range bound and traded in opposite direction. Even after a gap up opening banknifty couldn't keep the gain. On the hourly charts, dojis...
Banknifty remained above 44k whole day and during the last hour gained some points giving close above 44150. Market consolidated for 4 hours and gave a nice break out. DJI seems to be flat till now and there can a chance of a bullish break out as the market has closed. Watch the global markets in market to get a clear view and trend of the market. On the...