>>Stock has been in an uptrend since last year.
>>Over one year, it has been following a special trend line.
>>Since January 2023, it has slightly changed its direction and is now forming a beautiful
symmetrical triangle pattern.
>>Today, it has reached its resistance level and appears promising to break it.
>>If it breaks the trend line, we can initiate...
📊 Details
CSB Bank (formerly The Catholic Syrian Bank Ltd) is engaged in the business of banking Services ,oldest private sector banks in India with a history of over 98 years, and a strong base in Kerala , Bank focus on SME, retail, and NRI customers.(Source : Company Web-site )
Disclaimer: This analysis is solely for educational purposes and does not make...
CSB BANK reached a 52W high of 275.05 on 19th Dec 2022, after which it went through a correction of nearly 21%. Well, the downtrend came to an end today, when it gave a breakout from wedge pattern rising by 8.89%.
In terms of price action, the stock is trading well above all the short-term and long-term moving averages.
RSI is above 55 and MACD gave bullish...
CSBBANK:- Head and shoulders pattern has formed, keep an eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on...
NSE:CSBBANK levels marked on the chart.
It has made a double Bottom and also this is a good Support level sustained in the past, so looks pretty nice from here
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 by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
There is a trendline breakout. Our Harmonic will be activate above 330.
CSBBANK
Buy-Above 317.5
Sl-290
T-350 370 400
Qty according to your position sizing.
HELLO TRADERS,
CSBBank looks like taking a good upward move in near term. Enter the trade at current price around 351, for a target of 373 in 7-8 sessions and for a target of 404 within a month.
Also place your SLs as marked in the chart.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
