Central Bank - Long
Buy : ₹ 26.5 - ₹ 24
Target: ₹ 29.55, ₹ 32
Support: ₹ 24.6, ₹ 23.05
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I am NOT a SEBI registered consultant/Advisor. It is completely...
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...
Note: This is for educational purpose only.
There seems to be a bullish engulfing with high volume at support of the channel. A bullish breakout is seen on RSI as well. RSI is 54 which is not yet in bullish zone. RSI is in neutral zone.