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Centralbank

Central Bank Breakout analysis to buyCentral Bank of India is a commercial bank. The Bank's segments include Treasury Operations, Corporate/Wholesale Banking, Retail Banking and other Banking business. The Treasury Operations segment includes dealing in government and other securities, money market operations and Forex operations. If we look at the chart: The market has broken multiple bullish pattern confirmations. It has a broken Sideways Range, Head and shoulder, while having a very strong volume at the breakout. If we look at the RSI, its crossing 60 to the upside can be a good sign of long-term bullish for the stock. Investors of short term traders can proceed with the stock as follows: you can execute the trade with R:R of 1:2. Plan of Action: Buy: above 69.40 Stop loss: 66 Target1: 75.75
NSE:CENTRALBKLong
by finnova_
Breakout Alert: Central Bank Ready!Central Bank Of India: CMP: 48.30 Exciting news! Central Bank Of India has recently experienced a breakout, a trend we've noticed performing well historically, especially when accompanied by volume. Today, we observe a breakout, albeit in the form of a trend line. Watch closely : If the price surpasses 48.50, we'll consider a long entry, managing risk with a specified stop-loss as indicated on the chart. If you appreciate our analysis, your support means the world! Boost us and stay tuned for more insightful market analyses. 📊🚀 #CentralBankOfIndia #Breakout
NSE:CENTRALBKLong
by iamrk7
CENTRALBK - Available at Retest with good potentialCentral Bank Daily Chart - The analysis is done on weekly as well as on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:CENTRALBKLong
by TradewithAditya
1
NIFTY PSU BANK INDEX - Very Bullish The index is forming an Inverted Head and Shoulder Pattern. Just broke out of the Downward Channel resistance this week. In about 2-3 years the index should reach its target of 4340 but before that happens its intermediate targets will be met. Between 2660 and 3360 there could be some consolidation going forward. Immediate short term - MACD crossover should give this space some momentum. My Fav picks from the index include SBI, BOB, PNB, Indian Bank, Central Bank & Canara Bank.
NSE:CNXPSUBANKLong
by CannySunny
9