Recently we had a divergence pattern. Also the RSI is declined below the level of 60. All these indicate the price could consolidate at these levels or it may correct. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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. 🔍 More Analysis & Trade Setups...
Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
Watchout for the Levels in #TMB Bank. wait for the price for come to the Levels mentioned in chart and also Price action to execute the trades. Maintain Stoploss !
Bullish Patterns along with strong supports and consolidation.
Cup & Handle - Neck Line / Supply Zone at 45 Cup Height : 40 Points Target : 85 points If sustains above 85 new breakout zone !!
#Watchlist #AXISBANK (M):-CMP 866 Looks Good ABOVE 900for more upsides :) #Disclaimer:-View shared is for educational purposes only.
Nifty PSU Bank Poised For 20-25-40% Rally From Current Price. Cmp 2823.25 Buy Sbi, Canbk, BOB, PNB
Sector Analysis - PSU Bank, PSE, Media, Infra sector analysis for value buy.
the last couple of hours saw the indices falling very sharply this expiry. do you think this changes the momentum?
The bears have finally entered the markets looks like. What's your view?
Nifty broke above 16,100 and Banknifty almost touched 35k! Are the bulls back with a bang? Here are my views. What are yours?
📈 Bank of Baroda 📉 This Stock broke out from a Resistance zone of 105-108 after testing twice. I am biased on long side because todays candle is strong green. On Buy Side I am looking for Targets of 118. StopLoss should be kept at 105. It offers 1:1 Risk Reward. All Important Supports and Resistances are drawn in chart. All levels are on closing...
It looks like pain Is not over for PSU banks, A very clear Bearish cypher near the trend line resistance, with small stoploss, one can look to short.
If 500 holds, upside possible Target - 527, 541, 560 RSI at level of 57
KTK BANK is in Wolfe Wave, the good thing is it is about to get triggered. This is a weekly TF chart. Once it gives a weekly closing above 74. Then it will give a stellar move towards 128 ( P4 of Wolfe Wave). Few intermediate targets would be 99-115. This is a stock which you should have for Diwali. Chart & Analysis - Adarsh Dey
#CANARABANK Looks good, had a strong breakout. Expecting good upmove!! #VR
UCOBANK:-buy at cmp 15/14 for target 17/19 and sl 12 dcb