INDIAN BANK has got a strong channel breakout with heavy Volumes and RSI. Stock is also favourable as per technical analysis, Bollinger Bands, and other tools.
📊 DETAILS Sector: Bank - Public Mkt Cap: 59,630 cr Indian Bank is a medium-sized bank which was started in 1907. It offers deposits, loans and services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other Banking Operations. TTM PE : 8.65 (High PE) Sector PE : 13.12 Beta : 0.86 📚 INSIGHTS MC Insights...
This is the analysis of INDIANB in Weekly Time Frame. Watch carefully. The chart explains itself. There are some prediction levels. These Levels act as Support and Resistance according to position of price. You have to trade according to level breakout or breakdown. Always maintain your risk management. Book your profit according to your...
#INDIANB trading above Resistance of 427 Next Resistance is at 665 Support is at 299 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
#INDIANB trading above Resistance of 344 Next Resistance is at 427 Support is at 279.80 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
INDIAN BANK (INDIANB) stock is forming a triangle pattern on DTF. Wait for triangle BREAKOUT and go LONG (BUY) OR SHORT (SELL) based on the breakout
INDIANB Buy-Above 150 Sl-130 T-185 195 210+ The stock given a given a trendline breakout in daily TF after making a base at 135-140. However if it sustains above 210 then it can test 260 in mid term.
Look fresh in range 140-146 for upside 190-220 med term with SL 120..!!
Broken Weekly resistance line and looking very good for coming days. Can expect target of 200 in coming days.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
This is follow-up on Indian Bank. Can check link to related ideas. Target 1 achieved. More than 18%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please...
INDIANB (W):- 182.5 CMP, looks good for more upsides keep track :)
CMP: 174 Cup and Handle pattern breakout. Good breakout volume. Support 155, 110 Target mentioned in the chart.
From a weekly timeframe perspective, INDIANB did a strong breakout with good volumes from an Ascending Triangle pattern Stock was taking support at the 50 EMA and now has broken 200 EMA on the upside Can wait for a minor pullback to happen and then enter based on the daily timeframe. Has a good potential on the upside with a Risk/Reward of 1:6
The INDIANB price action resembles the Bank-Nifty price, In simple, the correlation of INDIANB and Bank-Nifty has a O(1). So, In the last three sessions of Bank-nifty, there is a breakout (ascending triangle) which correlates with INDIANB and signifies the movement of the stock toward the same formation of A.T What does it make sense? BankNifty is going to...
Indian Bank - Long Consolidation happening in the market. Slight ups and down will happen in the highlighted zone. But can buy and accumulate, considering the support level. Watch for the consolidation zone break out. Once break-out teh zone, can book the profit Invest and Trade Wisely! Good Luck! You can also see my other stock analysis and the results in...
Indian Bank (INDIANB) is exhibiting a cup and handle formation on the weekly chart. Watch out for a breakout from this zone, it can be a good Long trade.
#SBIN NSE:SBIN CMP: 354 Target 427 // 460 // ++++ INVEST !! If you like my work, KINDLY LIKE, SHARE, & FOLLOW THIS PAGE for latest stock recommendations for free. Expectation is for 600 in long run. Super Bullish on this stock. From Rachit Sethia with 💚