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Indianbanks

INDIANB Analysis & PredictionThis 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 “STOMACH”. Disclaimer: This is not investment advice. I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade. Happy trading. About INDIANB : Indian Bank engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers NRI-Foreign Exchange, Applications Supported by Blocked Amount for IPO, wealth management services, supreme current accounts, educational loan, centralized pension processing, interest subsidy for educational loans, and financial inclusion plan. The company was founded by V. Krishnaswamy Iyer on March 5, 1907 and is headquartered in Chennai, India.
NSE:INDIANBLong
by suraranjanganguli
Beautiful Breakout in UCO BANK.Good morning Traders. Here is the technical analysis of UCO Bank we all should know. >> Chart is self explanatory but to elaborating more Stock was consolidating in Symmetrical tringle pattern since 9 months. Where it has made a beautiful support and resistance lines in triangular shape and gave a Nit and clean breakout. >>In the weekly time frame, we can observe that it had previously given a rectangular breakout after 15 months of consolidation and went up by more than 150%. Now, after this previous rectangle breakout, a recent triangle pattern has emerged, appears more of a flagpole pattern in weekly TF. These increase the likelihood of success for this stock. >> Over the past decade, the stock has undergone a substantial correction of over 90%. However, upon examining its financials, it appears to be more stable and promising, as its non-performing asset (NPA) ratio has consistently decreased. >>Now, we can consider entering the trade if it continues to sustain above the breakout line. Our target could be a minimum of 20% at the 37 level, while it's important to set a stop-loss at 13% below, around the 26.80 level. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Please note I am not SEBI registered. Do your own research before investing.
NSE:UCOBANK
by BullishLine
Indian Bank - LongIndian 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 my profile ideas. Please follow me , If you would like to see more ideas on winning stocks. **Disclaimer: I am NOT a SEBI registered consultant/Advisor. It is completely my view and opinion. My intention is not to provide any financial advice, training advice, or any type of advices or any recommendations on stock/Forex/Coin buying or selling. Please do your own research and consult with your financial advisor before taking any action. I am not responsible for any of your action on buying or selling or holding the above mentioned stock or/and index or/and Forex or/and coins . ***
NSE:INDIANBLong
by pmosesoliver
Winter is Coming & Bears are here to Stay ! Acrophobia - Fear of Heights and a fall from the highest level can be dreadful. That's what we are looking in BankNifty, though Nifty & Gold has fallen a bit, here we are still at 20k's at the top almost forming a Double top. Whether this Double top will fail or work - we are unsure about that. This post is insync with our recent post about Nifty & Gold, remember they also show bearish signs. This 5-wave will get truncated, thats why the double top signal is slowly forming on weekly chart ? If that happens we can see 6000 points move to the south, hugging & roaring with bears. This isn't exact trade setup, its our analysis based on the technical tools we have & how the global outlook is. Has anyone checked on US Bank Index, its up almost 20% in last 3 months, Yeah you read it right 3 months. When was the last time US bank index where at current levels - 2008 , before the recession time & big fall. With Trump victory all are suggesting its good for US Banks & Pharma, but when you have 20% rise without any correction isn't something real fishy ? I can explain why the rise & what's fishy but it will take more lengthier post, so lets keep it crisp. Trump is good for US corporates only & its nativism, not good for US or world economy. We can't comment on his nativism but his economic/tax policies aren't good. So, the US economy & Markets also waiting for the fall. In 2015, BankNifty fell down 7000 points & in 2016 we rose up 7000 points, A whooping 14000 points movement. With this double top, another 7k points down ? Crazy thought..but we will love that if history repeats itself. In DJIA also bearish harmonic pattern ( courtesy : Nirav ), So where-ever we look we see bearish signs - Nifty, BankNifty, Gold, US Bank Index & DJIA... We don't know whether these will go as planned or not,but All I can see - " Winter is Coming & Bears are here to Stay ! " If you find any other Bearish signs feel free to post it below in comments...charts also welcome, Lets Discuss...! " Winter is Coming & Bears are here to Stay ! " InsiderB
NSE:BANKNIFTYShort
by InsiderB
24