Fino Payments Bank: at Base BreakoutFino Payments Bank: at Base Breakout. CMP 299.
Resistance at 318/386/413
FINOPB
Banks in focus, chart: 8 Fino PaymentChart -> FINOPB Daily
CMP: 251
Good Range to Buy: 240 to 260
Targets: 300, 340, 370
SL: 210 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
FINO PAYMENTS BANK By KRSChartsDate: 5th Sept 2024
Time: 9:50 AM
WHY FINOPB?
1. As per Dow Theory, FINOPB making HHs and HLs recently which is Bullish Trade ⬆️
2. FINOPB is in Upside Channeling with Accumulations. ✅
3. Within upside channeling, Cup & Handle is also visible ☕
4. After Equal lows FINOPB has made new HH + Breakout of upside channeling or Cup & Handle Neckline ⚡
After lot of Bullish Traits in FINOPB,
Expected Targets ~521 Rs. and ~590 Rs. ❗❗❗
FINOPB - Rounding Bottom BreakoutFINOPB - FINO PAYMENTS BANK LTD
Trade Type - Short Term (2 month to 6 month)
Trade Logic - Rounding Bottom Breakout
CMP - 392.10
Time Frame - Weekly
Target 1 : 435
Target 2 : 500
Target 3 : 580
Stop : 330
Risk/Reward Ratio (1: 2.8)
Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
