J&KBANKJ&KBANK
Clearly broken Weekly consolidation range, Accumulation is looks like over.
Has Strength of PSUBANK Sector
Breakout on trend line and consolidation achieved.
Price showing strength and above all major EMA/s on daily & weekly.
NB: Not a Registered Advisor. Many time I failed with my setups. Do take advise from your financial advisor prior trade.
Psubanks
PSU Banks - Leader set to lead again!PSU Banks have been the undisputed leader of the upmove from April 2025 lows.
They have led every move up and made new highs while most of the market stayed range bound.
No reason for them to not do it again, as we are close to a short term bottom if not a positional bottom in indices.
Look for 15-20% moves in stocks in case of a short term bottom and a 60-80% move in case of a positional one.
Only market will tell which one is it.
PS: Not necessary that bottom in PSU Banks is done, there's scope of 3-5% more correction, but then why look to time the bottom when 15-20% move is incoming :)
A few stocks looking good:
BOI
Union Bank
SBIN:
CanBk
Indian Bank
SBI Buy - Range Breakout - Technical analysis#State Bank of India - #TechnicalAnalysis - #sbin
Price: 948.85 |
#Technical Setup
Pattern: #Swing trade setup with All-Time High (ATH) breakout confirmed on monthly chart. #Pullback/base formation in progress before next upward move.
Strategy: Conservative buy on breakout on candle-closing basis
Entry: Buy above 973.30
Stop Loss: 944.45
**Key Levels:**
- Target 1: 1,025.00
- Target 2: 1,055.80
- Grand Target: 1,144.00
- Support: 961.78 - 944.45
#Technical Observations
1. **Range & ATH Breakout** confirmed on monthly timeframe
2. Current pullback/base formation before next leg up
3. **EMA's aligned** confirming uptrend structure
4. **Hidden Divergence (HD)** formed in RSI - trend continuation pattern
5. Price action remains constructive on daily chart
⚠️ DISCLAIMER
**This is NOT investment advice.** This analysis is for educational purposes only. Stock trading involves substantial risk of loss. Past performance and technical patterns do not guarantee future results. Always conduct your own research and consult a SEBI-registered financial advisor before making any investment decisions. The author assumes no responsibility for trading losses incurred.
Bank of India | Cup & Handle Breakout SetupStructure:
Long-term Cup & Handle pattern nearing completion on monthly timeframe, indicating accumulation after a prolonged base.
Confirmation Signals:
-Volume expanding on rallies
-RSI above 50 and rising
-OBV trending higher → accumulation visible
-Price holding above short-term EMAs
Trade Plan:
-Buy: Sustained breakout above ₹151
-Targets: ₹199 → ₹268
-Stop-loss: ₹134 (ATR-based, structure-valid)
-Risk–Reward: ~1:5
Strong PSU Bank - Indian Bank - Strong BuyIndian Bank - Swing to Short-Term Investment Report
Current Price: 653.10
TECHNICAL SETUP OVERVIEW
Analysis Type: Monthly Chart | Investment Horizon: Short to Medium Term (6-18 months)
Key Observation: After a historic breakout from multi-year resistance, Indian Bank has established itself as a solid structure for accumulation with exceptional return potential.
BREAKOUT TIMELINE & PATTERN
Historical Resistance Battle (2018): Successfully tested 5 consecutive months.
Major Breakout (January 2024) Clean breakout above 2018 resistance level, Significance 6-year base breakout - high probability setup - Follow-through Strong momentum confirmed.
Bull flag Pattern formation, Price Range: 632-736. Building energy for next leg up
Structural Advantages:
1. Clean Breakout Pattern
- No false breaks or whipsaws
- Volume confirms genuine buying
2. Multiple Timeframe Confluence
- Monthly, weekly, daily all aligned bullish
- No conflicting signals
- High probability continuation
3. Measured Move Projections
- Targets based on historical patterns
- Flag pole height projects to 1,050+
- Conservative targets: 813-973
4. Fundamental Support
- PSU bank re-rating theme intact
- Improving asset quality
- Growing dividends (35% YoY growth)
- Strong Q4 profit growth (+31.56%)
Disclaimer: For educational purposes only. Manage risk appropriately and do your own research.
🎯 Trade Smart. Trade Safe. Accumulate Quality.
#CANBK looking bullish on monthly timeframe#CANBK has given a breakout at 131 on a monthly timeframe. Upside potential: 25%+ (i.e. 164 which is the stock's all-time high). Stop loss: 127. A few things to note:
The sector is bullish. NIFTY PSU BANK recently gave a breakout at 8070
The stock is undervalued at a PE ratio of under 7. Company has delivered good profit growth of 61.0% CAGR over last 5 years
This is not a buy/sell recommendation. Research carefully and invest at your own risk.
Missed the PSU Bank Rally? #PSUBNKBEES Still Has 24% Upside!CMP: 85.83
PSUBNKBEES has confirmed a classic Inverse Head & Shoulders breakout on the weekly chart , with two consecutive weekly closes above the neckline , a strong technical validation of the pattern.
🔹 Key Levels:
📌 Breakout Level: 84
🔽 Support Zone: 83.45 – 79.50
🔼 Overhead Resistance: 90.30
🎯 Pattern Target: 104 ( ~24% upside from breakout)
This ETF gives broad exposure to PSU banks , making it a lower-risk, sector-wide play for positional investors.
💡 If you are unsure which PSU Bank stock to choose, PSU Bank Bees offers a diversified, stress-free way to capture 20 -30% upside . Ride the trend, avoid the noise.
#ETF | #CNXPSUBANK | #PSUBanks | #InverseHeadAndShoulders | #ChartPatterns
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Canara Bank (CANBK)Breakout above ₹119.50 with strong volume confirms momentum.
Entry Zone: Near breakout (₹119.50–122)
Stoploss: ATR-based, just below breakout (~₹116)
Targets: ₹129.40 → ₹136.40 (Fib extension)
Macro Drivers:
Hopes of RBI rate cuts after Fed dovish stance
Stronger economic data supporting financials
Robust domestic credit growth
GST boost to liquidity
PSU Bank sector leadership
👉 Setup looks solid for continuation, provided volumes sustain.
PNB looking Bullish ahead??!!Kindly check out the chart for the explanation.
Reasons-
1. Trendline Support
2. Double bottom
3. Fixed volume profile value area support
4. Low and lower low
5. PSU BANK index too looking bullish , check out idea below
Close below 100.52 - invalidation level
Targets mentioned @ chart.
Just my view ...not a tip nor advice!!!!
Thank you!!!
PUNJAB NATIONAL BANKHello & welcome to this analysis
In my previous post on the bank I had suggested the likelihood of it declining to 103 where it had double bullish harmonic patterns. (link to that post is given)
Now the bullish harmonic Bat & reciprocal ABCD patterns are indicating the probability of a rally till 106 & 109 as long as it sustains above 100.
Immediate resistance at 104 with strong support near 102.50
All the best
PUNJAB NATIONAL BANKHello & welcome to this analysis
In July 2025 it activated a bearish Harmonic Butterfly pattern at 115 that lead to its current decline at 38 Fibonacci of its rally.
Going forward it could continue to decline till 100 where it would likely form two bullish Harmonic patterns - Shark & ABCD around the 50 Fibonacci retracement.
It has resistance now between 110 - 108 from where it fell with heavy volumes couple of days back.
All the best
Regards
If any dip comes, go long in Nifty So like we analysed yesterday – NSE:NIFTY stayed sideways + volatile + bullish, all three.
Because the market opened above the pivot, we got the move as expected.
All these points prove that the market is technically improving. That’s why it’s moving according to my plan.
And if the market is following my plan, I’ll continue my intraday trading.
Now, let’s talk about tomorrow.
Nifty’s pivot has moved up from 24552 to 24606, which clearly shows that strength is coming back in the index.
Pivot percentile is 0.05, which means it’s tight. This indicates we might see a sharp move in the direction of the trend tomorrow.
However, there’s one small negative point – even though the market was green today, sellers’ volume was 5 million higher than buyers.
Keeping all this in mind, my view is – tomorrow we might get a shakeout.
Either as a gap-down or a sudden dip. Don’t panic in that dip, instead, wait for Nifty to cross the pivot and then look for long positions.
Support will be at 24555. Resistance at 24660.
NSE:BANKNIFTY is also getting ready.
NSE:CNXPSUBANK and financials should lead the rally.
Resistance at 55344. Support at 55100.
Pivot at 55182. If it opens above pivot, you can go long with stoploss.
Sector-wise, NSE:CNXPHARMA and NSE:CNXAUTO are looking strongest.
Take care. Have a profitable tomorrow.
Indian Bank – Flag Breakout Setup from Sector Rotation ScreeningIn the latest sector rotation review, PSU Banks moved into the Improving quadrant, showing early signs of leadership. Within this space, Indian Bank was shortlisted based on:
-- Alignment of 9 EMA & 21 EMA across daily and weekly timeframes
-- MACD trending positively
-- EFI (Elders Force Index) showing accumulation on higher timeframes
Technical Structure:
On the Daily and Weekly charts, Indian Bank is consolidating in a flag pattern after a strong uptrend. The EMAs are acting as dynamic support. On the Hourly chart, a rounding base is forming, indicating early recovery of momentum.
Trade Plan:
-- Breakout Entry: Above ₹656 with strong volume
-- Stop Loss: ₹640 (ATR-based)
-- Targets: ₹695 → ₹716 → ₹746
This setup aligns both with sector momentum and technical structure, offering a favorable risk–reward. Watch for sustained momentum on the breakout day to confirm entry.
Nifty Holds Positive Trend, BankNifty Eyes New High - Key LevelsThe missing piece we talked about yesterday — a close above 25200 — is now complete.
Selling pressure has reduced, although we didn’t get the strong follow-up buying we expected.
But from a trading perspective, today was superb:
- NSE:SPORTKING , which we bought yesterday, gained another 7% today.
- NSE:EDELWEISS intraday setup delivered a solid 6% move.
- NSE:TATAPOWER ATM options shot up by 100%.
- As mentioned in yesterday’s commentary, NSE:CNXPSUBANK performed well — I’m holding NSE:BANKBARODA and had added #SBIN a few days back.
- NSE:SHYAMMETL closed strong today; I’ve taken it as a positional trade.
- I exited NSE:CUPID today and replaced it with $NSE:MOBIKWIK.
In total, I’m holding 4 open positions, and I’ll continue to hold them until they overextend.
Coming to the market:
Nifty formed a Supply Candle today as sellers’ volume was 33 million higher than buyers.
The positive takeaway is that selling pressure has eased, and the trend has moved back to the positive zone.
Considering these conditions, tomorrow is likely to remain sideways.
NSE:NIFTY levels for tomorrow:
- Resistance: 25250 — a close above this could trigger short covering up to 25500
- Support: 25155
BankNifty looks stronger than Nifty and seems ready for a new all-time high.
NSE:BANKNIFTY levels for tomorrow:
- Support: 57000
- Resistance: 57300 — a breakout above this can push it to fresh highs
Sector-wise, #PSUBANKS remained the strongest today.
That’s all for today.
Take care.
Have a profitable tomorrow.
BANKINDIABANKINDIA is currently trading above resistance breakout and also recently has shown Inverted H&S breakout as well. Volume in recent session has been increased. If we check pattern target then it has a potential to go up to 160-70 level. I may change my view if it closes below 120. In recent time I have observed traction in all PSU banking stock. Is it something that we don't know!! Chart is indicating something to be watched very closely. Keep it on radar.
SBIN Upside potential with a Bullish Bias The Bank Index has been performing since few days
Also structure level SBIN is poised for an upmove, it has a pattern Inverse Head & Shoulders which is a bullish pattern and with a significant upside technically
Suggested to Buy at CMP or wait to retrace at 780s zone
SL 750s zone
Target 870s zone
PSU BANKSHello & welcome to this analysis
PSU Banks which had been outperforming Private Banks and the broader market since 2020 have since June 2024.
It has for now stopped the lower high formation, for more strength it needs to sustain above 7250 and confirm a higher low formation.
Happy Investing & Trading
Indusbank | Trendline Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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AxisBank | Trendline BUll Breakout ⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡✍️Technical Reasons to trade or Strategy applied :-
✅Inverted Head & Shoulder Chart Pattern Bull Breakout
✅Breakout confirmed
✅Rise in Volume
✅Good 3 touches Trendline Breakout with volume
✅Clear uptrend with HH & HLs sequence
✅ Order block as potential Supports
✅Check out my TradingView profile to see how we analyze charts and execute trades.
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
📍📌Thank you for exploring our idea! We hope you found it valuable.
🙏FLLOW for more !
👍LIKE if useful !
✍️COMMENT Below your view !






















