PSU Banks have been in a consistent downtrend since the rally they had after 2008 Financial crisis.
This charts looks at last 10 years for PSU bank index and they seem to be following the trend line.
index needs to have strong consecutive weekly close above 3350 for a major uptrend to start until then its a sell on rally.
We should wait for Index to close below...
Based on my "xRAM-Creator" predictive trading methodologies, its going to be a GREEN candle on 14-Jun-2018 for BANKBARODA
Buy Above(5Min candle close): 137.1 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
I have here used the ABC pattern with subwaves 3,3,5. In the C wave as you can see is still forming. here are a list of reasons why i believe that this stock is about to correct.
wave C is still still under completion with 2 subwaves remaining.
Double top formation.
Formation of indecision candle on both the tops.
Channel formation where even if the there...