MAHABANK
MAHABANK Analysis & PredictionThis is the analysis of MAHABANK in Daily Time Frame. Watch carefully. The chart explains itself.
Earning reports will be disclosed on 16 jan 2024. If result is good and price sustains above 50 then it will good for stock. Keep eye on this stock.
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 MAHABANK :
Bank of Maharashtra 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. The Treasury segment includes investment, balances with banks, and interest accrued on investments. The Corporate/Wholesale Banking segment focuses on all advances to trusts, partnership firms, companies, statutory bodies, and individuals. The Retail Banking segment offers exposure to entity and concern. The Other Banking Operations segment provides all banking transactions not covered in other segments. The company was founded on September 16, 1935 and is headquartered in Pune, India.
Mahabank 🚀Hey Family, there is a one more stock Which is showing a great opportunity and formed a Ascending Triangle pattern, Stock break's resistance zone let's see breakout sustain or not. what is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
BANK OF MAHARASHTRA - Swing Trade Analysis - 29th April #stocksBANK OF MAHARASHTRA (1D TF) - Swing Trade Analysis given on 29th April, 2024
Pattern: CUP & HANDLE
- Volume Buildup at Resistance - Done ✓
- Daily Resistance Breakout - In Progress
- Demand Zone Retest & Consolidation - In Progress
* Disclaimer
MAHABANK - Long Setup, Move is ON..NSE:MAHABANK
✅ #MAHABANK trading above Resistance of 64
✅ Next Resistance is at 89
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Bank of Maharashtra - Long Setup, Move is ON...#MAHABANK trading above Resistance of 58
Next Resistance is at 77
Support is at 42
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
MAHABANK | Swing Trade📊 DETAILS
Sector: Bank - Public
Mkt Cap: 36,646 cr
Bank of Maharashtra is engaged in providing banking services. The Bank's segments include Treasury, Corporate/Wholesale Banking, Retail Banking and Other banking operations.
TTM PE : 9.95 (Average PE)
Sector PE : 12.91
Beta : 1.50
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
1.33% away from 52 week high
Outperformer - Bank of Maharashtra up by 10.07% v/s NIFTY 50 up by 0.19% in last 1 month
📈 FINANCIALS
Piotroski Score of 4/9 indicates Weak Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Bank of Maharashtra - Long Setup, Move is ON...#MAHABANK trading above Resistance of 42
Next Resistance is at 58
Support is at 28
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 your financial advisor before taking any trade.
MAHABANKMAHABANK-EQ
-Strong Breakout Candidate
-Round Bottom Structure Breakout
-Strong Range Accumulation
-Massive Volume Buildup
-Performing Good but had Bad Reputation
-Just for Trading & Swing not for Investment
Entry 🟢: Above 59
Target 🎯: 70, 85, 95, 100 ++
Stop loss 🔴: 53 WCB
Remark: Short Term
⚠️ Disclaimer : Chart & Levels are for educational purposes. Trade according to your Risk or consult with your Finance Advisor.
MAHABANK - Long Setup, Move is ON..NSE:MAHABANK
✅ #MAHABANK trading above Resistance of 52
✅ Next Resistance is at 64
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
MAHABANKlooking good price action
if breaks high will look for long, banking stocks are very well performing this time
DISCLAIMER: I am not a sebi registered analyst. ALL POSTS ARE EDUCATIONAL PURPOSE. NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
Bank of Maharashtra (MAHABANK) - Waiting for an up-move...On a daily chart, this looks good above 48.
Nearest support level at 45. Will be cautious below 42.
Trade with a strict stop loss of 5-8%.
Note: Not a buy/sell recommendation.
MAHABANK review - from 37 to 47 & all set for double from herereviewing NSE:MAHABANK posted on 9th Aug 2023 when the price was 37
thereafter it made high of 51.90 and now trading at 47 giving superb 27% gains till now
more gains to come in coming months
i am expecting it to reach 100 in coming months
patience required in this PSU bank
This analysis is being done for educational and knowledge-sharing purposes.
This article does not offer any kind of buy or sell advice.
All stocks are positional and are held for a short to medium period of time.
Everyone is expected to conduct their own research and analysis to determine whether my point of view align with your study.
link of 9th Aug 2023 post given below
#MAHABANK LONG TRADE IDEA SETUPGreetings Folks,
today I have prepared a setup of MAHABANK on NSE
the analysis is as follows-
- price is currently facing a static resistance which has been tested earlier
- its very probable that tomorrow it may end up breaking this resistance
- wait for retest before entering as it may also be a bull trap by institutions
don't play with fire, always use a predefined stoploss
This PSUBank stock is looking strongFundamental analysis:-
Bank of Maharashtra is a PSUBank stock which can give good returns in short as well as long term.
The stock has a good dividend yield and is available at a cheap price as per PE and PB ratios.
Technical analysis:-
The stock has given a breakout from Inverted head and shoulder pattern. A closing above 32.45 can provide more than 10% returns.
Entire PSU bank sector is currently bullish.
Note:-Idea is shared for educational purposes and should not be taken as a recommendation.
Bank Of MaharashtraCup & Handle - Neck Line / Supply Zone at 45
Cup Height : 40 Points
Target : 85 points
If sustains above 85 new breakout zone !!
BANK OF MAHARASHTRA - 212% RETURNS!!!BUY - MAHABANK
CMP - Rs. 30
Target - 1: Rs. 52
Target - 2: Rs. 77
Target - 3: Rs. 95
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Technicals - Cup and Handle Pattern BO
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This is just a view by an expert analyst, please invest at your own risk.
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MAHABANK - Ichimoku BreakoutStock Name - Bank Of Maharashtra
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 35
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Breakout in Bank of Maharashtra...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
MAHABANK levels...04.10.2021 ( D candle)MAHABANK forming bullish hormonic pattern...once its break 21 will soon it reach 30+ in short term
MAHABANK: Trading at a value worth buying it.Hello Traders,
I would buy 10,000 shares of MAHABANK at CMP: 19.05.
Then I would sell 50% quantity at 25.55 and 25% at 30.85.
The remaining 25% I would leave as it gets free. It looks like a good share as its CCI is moving upwards and so is RS14.
Also it has recently given good volume and price upmove.
Lets see how it goes.
I will still keep my SL placed at 17 to avoid unlimited losses.
Happy Trading!
Breakout in Bank Of Maharashtra...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.
Turn around stockBOM has crossed 0.61 fibo level.
Trend changed with hugh volume support.
Major resistance at 30.30.
Bank have also turned from hugh losses to profit in last 2 years.
So positive outlook for future.
