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...
GOOD FOR 20% RETURN.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
INDIANB took Support at previous resistance after falling 10%.
Looks good for target of 192
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
#RVNL Shared with entry 31.5 and it made high of 42 today bagged almost 34%
Other scripts shared and resulted in cash segment...
#IRB - 33%
#INDIANB - 15%
#KEC - 7%
#HERITGFOOD - 4.4 %
Happy Trading !!
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...
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.
Indian Bank has made a W formation in Weekly chart and has given a breakout today (12th October's trading session). Short term position target can be 195 above and long term can be above 200 with SL of 153 in short term and 143 below for long term trade on weekly basis.
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...