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Economic Cycles

Interesting point in PSU Bank stocksMulti Year Demand Zone approaching. Watch out for the levels and keep good volume PSU bank stocks on watchlist for catching the move Your opinions of the budget on Saturday will be appreciated. Last time around the FM made all banking stocks really volatile notably Public Sector Banks on budget day. However we are trading at very different price levels from the last budget in these Govt banks. Alot has happened, may I remind you the Merger of numerous PSU Banks of the country to give more stability. Have they really? Every retail trader who would have invested in Trash PSU banks and the most infamous private bank YB for giving losses to it's investors has occured since then.. Do you think there will be a great save by Modi Govt to cheer the markets and the government's investments in it's public banks? Or this is the place of actual downfall and a worse situation than when BJP even came in as majority party, for the health of it's banks. Negative growth? The harsh reality is only a few good Private Sector banks of the country really do efficiently run a bank and also profit heavily Year after Year. Stock prices of ICICI,Axis,Kotak and every Big private player in the banking space along with their results prove what they have to. This is just my opinion. Technically, The candles give a robust Demand Zone picture with a good Risk Reward for a long position. It's obviously an interesting juncture. Could even break down who knows! Trade smart and Patience always pays off.
NSE:CNXPSUBANK
by EagleVision8
Bitcoin Life Cycle -> $ 2.00 to $ 20,000; now heading to $ 200Hi all Hope you don't hate me, after reading my conclusion in this post. I would like to bring a kind CAUTION to the users across the world with my technical analysis. I wish this wouldn't happen. But I can't deny the facts that I see in the charts. What-If Analysis: What-If Bitcoin falls to $ 200 ?? Do the chart tell us a complete different story that no-one cares?? Answer: (My Personal Forecast) Probably, Yes. Target Price is $ 200. Target Period is Q1 of 2021. Refer the chart that is used to predict this price action. Invalidate Scenario: Price will break the Red Line bullish. Further Confirmations: Price shouldn't go above 14k. Yellow line should be broken. Green Spiral will hold as SUPPORT. For more updates, follow me here . ~RPS~
BNC:BLXShort
by praveensam001