Indianbank
Breakout in INDIAN BANKDisclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Thank You !
There is a Breakout generated in INDIANB with good volume support. And now this stock is ready to show more upside levels.
Next levels as below :-
1st Target :- 200.00
2nd Target :- 235.00
3rd Target :- 280.00
Stop Loss :- Below 87.50 on closing basis.
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#SBIN heading to ₹100 on longer term chartsState Bank of India at ₹100 ? This is a very real possibility if the elliottwave pattern on the long term SBI charts indicated above are right. As can be seen, the 2015 - mid 2019 overlapping but upward titled move can be charted to indicate a long term ending diagonal. The subsequent downmove is clearly impulsive and has now just completed the 4th wave upward correction. This means we are headed to ₹103 if wave 5 of this move equals wave 1.
Short term charts will be published soon with details on the internal wave counts of the current impulse.
CPR Analysis of IndianBIf Price touches the Upper CPR and forms a candle above it then there is a possibility of at least 2 points movement. If you buy 1000 Qty then it may give you 2000 Rs tomorrow i.e. on 03.07.2020. But in case the price fall below lower CPR by one candle then it may give you a downwards move so you can short the same.
EUR/NZD on 1 Hr, wait for confirmationAbout me:- Your scammer demo forex guru is back!! I lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
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Your Girl wont go down on u, but EURJPY willAbout me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading.
Disclaimer:- Don't Listen to me, I'm not a financial advisor
INDIAN BANK ANALYSISFORMED A FALLING WEDGE PATTERN AND AS STOCK IS IN DOWNTREND IT MUST BREAK LOWER LINE ON CLOSING BASIS TARGET FOR SHORT GIVEN AFTER CANDLE CLOSES BELOW LOWER LINE UPPER LINE IS STOP LOSS ON CLOSING BASIS ALSO STOCK MAY KEEP CONSOLIDATING BETWEEN TWO LINE SO WAIT FOR BREAKOUT OR BREAKDOWN ON CLOSING BASIS
NOTE: TRADE AT YOUR OWN RISK