Get started

Psubanks

Indian Bank, a strong PSU with 3x potentialIndian Bank is currently trading at half of its Book Value of 360 and at a P/E of 5.85. it has recently brokeout after formation of Inverse Head and Shoulder pattern and once achieving its targets it will reach its old resistance that forms the CUP with a depth of over 371 points (2x its existing price) which might lead to price to 750+ This is not a BUY or Sell recommendation and has been posted as an outcome of my observation and practice
NSE:INDIANBLong
by marwah.raghav
1
CANARA BANKHello and welcome to this analysis Like all PSU Banks saw a very good 2021 in terms of price performance thereafter in 2022 it went into a correction mode in line with market trend. The structure of the fall as can be seen in the chart is of a slanting channel currently. If it manages to break above 235 then 244 is the 1st line of resistance, above that 255 is where it has not one (Bearish ABCD) but two (Bearish Alt Shark) have a PRZ. The trend might see a pullback/consolidation there. Once it manages to break that resistance then above 295 it has a doubler breakout target waiting in the weekly time frame. On the other hand, if it respects the slanting channel resistance then breaking below 219 it could retest 210-190-170 Invest wisely!
NSE:CANBK
by Dinesh_C_Nagpal
Bank of Baroda Breakout Analysis !!📈 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 basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
NSE:BANKBARODALong
by ShelendrAgrawal
Nifty PSU Bank to Pvt Bank Ratio Chart BreakoutNifty PSU Bank Index is outperforming Private Bank Index by a big margin. Current Situation is Similar to 2004-2008 Period where maximum money was made by Public Sector Banks. Public Sector Banks where NPA's have bottomed out and Banks with High Provision Coverage Ratio has potential to surprise everyone on the positive side. Chart Suggests that PSU Banks can Outperform the Private Banks by Hefty 30-35% in Next 1-2 years. Meaning- If Private Banks Fall by 1.35%, Strong PSU Bank Index will fall just by 1% and on the upside if private bank index rises by 1%, Public Sector Banks will rise 1.35%.
NSE:CNXPSUBANK
by StrategicAlpha
BANDHAN BANK RALLY ABOVE 328?BANDHAN BANK HAS BROKE ITS WEEKLY TRENDLINE AND HAS BEEN CONSOLIDATING ABOVE IT. 1.It is hovering above 200 ma 2.Flag and pole type of formation can be seen which is a continuation pattern. 3.Previous swing highs acting as support. 4.RSI and MACD supporting bullish move. Buy above - 329 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:BANDHANBNKLong
by this_is_shoaib
2
Federal bank Inverse Head & ShoulderKeep this stock in watchlist. 1.Inverse Head & Shoulder pattern formed 2.Breakout with high volume . 3.Seems like there is nothing to retest. Buy above - 105 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:FEDERALBNKLong
by this_is_shoaib
Bandhan Bank LONGPSU sector being the hot topic, one of the script that is looking good currently is bandhan bank. Stock was trading in a parallel channel, today has given breakout from it. Also broke thorough a resistance zone in past couple days, that too breakout retest has been done. Plus the stock is continuously trading above 60 RSI, which is a good bullish sign. Also keeping in mind that the big bull Rakesh Jhunjhunwala is bullish on psu banks could maybe give it push as well :)
NSE:BANDHANBNKLong
by saurabhuttamchandani
9
Insudind bank Double bottom + DemandIndusind bank has came to it's strong demand zone and has bounced back. It has made a Double bottom. Swing failure can be seen. MACD above signal line RSI just below 50 Volume slightly above average Buy above 870 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
NSE:INDUSINDBKLong
by this_is_shoaib