NSE:HDFCBANK
Inverse Head & Shoulder under formation whose BO neckline is at 1510
Triple Bottom on Weekly Chart made on multi-year support line
CMP @1450 is bouncing from Short Term EMAs. Upside from CMP ~35%
Based on Fibonacci Next Tgts : 1558 - 1720 - 1980
SL : 1260
Time Frame : 3 to 12 Months
For Learning Purpose
Chaukhambha_Charts
NSE:ICICIBANK
CMP 925 is at Lifetime High
Rounding Bottom, Triple Bottom Breakout.
Price Bouncing above Short Term EMAs which are acting as support in the uptrend
RSI in Bullish Zone in all time frames
Targets : 1020 - 1137 - 1209
Upside : 27%
SL : 810
Time Frame : 3 - 6 Months
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Triangle breakout completed on weekly basis.
Private Bank looking Strong for Upcoming Weeks.
Target : 70
SL : 50 WCB
Only for educational purpose. Not a recommendation.
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from...
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself from this research. Please note before investing according to this educational research, please do own research and also do take advice from...
BANKINDIA has been a down trending stock since many years. There is a Change in momentum in Monthly timeframe.
Going to buy the falling knife.
BANKINDIA
Buy-Between 45-50
Sl- 35
T-70 90 100 130
on urge of clean & clear breakout, dhanlaxmi CMP 14.4 has potential to reach 17.5 (around 20% ROI) with SL of just Rs1 (below EMA200) on closing basis.
A good contender for a +50% return in a year. Reasons are as follows:
1. Covid Fall of DCB Bank has not been supplemented with volume. Hence, Most of the investors are still holding with conviction of rebound of value.
2. Recently breakout & did a retest on cup pattern
3. Even in the recent Bank Nifty fall of 4.8% (on Feb 26, 2021), DCB showed a good strength by...
