Answer is yes . But for achieving this target bank of maharastra must cross the trend line upwards with high volume then it will be confirmed that it will achieve the given target .. So, guys you can enter into this with conditions above . This is a short term target time duration 1-1.5 months .. Thank You.
FEDERAL BANK has following advantage to BUY:
1. Gave break-out for the 4 year trendline.
2. The Break-Out was with good momentum.
3. The Break-Out took a retest for the conformation.
4. RSI gave a breakout for the recent forming trendline.
Advantage: Our Big Bull Rakesh Jhunjhunwala is holding this stock and he increased stake in this recently.
This is the pure PRICE ACTION based analysis of Canara Bank stock.
Since it made a double bottom with rsi divergence, it has to come up.
Also it is consolidating up side with rsi also, there is more likely to go long.
I have a very simple Intraday strategy which works really good. I would like to know your comments, advice or any faults you think my system might have, do paper trade this before actual trading.
After market hours I scan stocks in the 15 min time frame to find out which stocks have broken above or below a range of say 20 bars behind. Meaning from last 300 mins...
After consolidating for a few days, looks like it's ready to move again.
Ascending triangle pattern is forming and RSI Bullish divergence is also seen.
It can take the price to the previous swing high of 13.4-13.6
- FIIs net sold for the day is about Rs 505.79 CR
whereas DIIs net sold Rs 2578.22 CR
- Both were booking their profit not only today from past few days
- Still market is rising due to news that indian stock market is trading at life time high , this is the news bringing new investors and Urging retailers to invest in market but no one noticing that...
tata power can be a multibagger in coming years with the help of the recent electricity amendment bill and privatization of power units the stock fundamental can grow exponentially and so will the share prices.
The current central government is trying to pass this bill soon and whereas another reason for the share price to grow is the EV vehicles . In India EV...
I believe Amara Raja Battery is completed with breakout confirmation .
After or during Jun Results around 2nd week of August we would see a good momentum build up to Go LONG
Wait for Confirmation around 700. Once Volume builds up.
GO LONG --> Long Term Bullish.
Risk Always within your appetite only!
coal forming pattern also run inside channel from long time. on up side their is small resistance. after breakout of resistance expecting a pullback on that area or it can also gone more down for take support from green line so keep in watch
India vix is an volatility index of an nifty 50
- India Vix shows the expected volatility for next one year
- currently india vixis at 15.62 (IST 12:02 PM)
-market is raising but volatility is falling
- sudden drop or rise will increases the volatility/vix otherwise Vix will be flat
🛑 what is 15.62means ?
- well, it is expected volatility for next one...
Cup and handle pattern!
Buy above 112
Target of 118-125-140
]SL of 104 or as per your risk tolerance
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
Long Whirlpool Above @ level 2300 SL 2380-2375 Target level 2405-2415 . Can trail SL too . Bullish Engulfing candle has been seen on daily chart & closing at the higher point of resistance. Wait for the good entry after the BO level. RSI forming V shape above 60. Good risk to reward trade. This is for your educational purpose only.