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.
It seems at current level Nifty private banks are good buy.
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...
Buy @ CMP CURRENT MARKET PRICE First Sell Target @ 400 Final Sell Target @ 420
Buy RBL Bank on dips upto 327 for target of 379, Breakout above 379 can do 450. Stoploss 310
Indusind Bank (Monthly) On higher timeframe charts we observe that the counter has breached an important support trendline and the recent headwinds faced in select Private banks are beginning to impact the Banking space and could lead to some swift declines. After the long term support trendline was decisively breached in June the charts formed a doji for the last...
1) Not able to break 580-- bearish divergence 2) Bank trade at 3.4x P/B and has been showing good performance 3) It is likely to show dip in price due to BANK NIFTY bearish view 4) Any dip should be used to buy
Based on my PredictiveSystem's signals, tomorrow (28-Mar) its going to be a huge RED candle for NSE:YESBANK Sell below :302.7 Target-1: 300.5 Target-2: 299.1 Target-3: 297.6 Stop loss: 305.1 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own...
Buy AXISBANK at above 585 T1: 615 T2: 640 T3: 750 SL: 552