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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
Canara Bank - Ripe to ride the momentum - Weekly ChartScrip: Canara Bank Setup : Price at 52 week high, Chikou in open area, Ride the momentum for quick 10%-20% gains Entry : 185 - 195 Target - 225-228 range (20% gains) Stoploss: This is positional trade and determination of Stoploss should be based on ones risk profile. 150 should be good zone to add more to the position. Please note: I am not a SEBI registered Financial Advisor or Analyst. Please trade and invest based on your knowledge and Risk Profile.
NSE:CANBKLong
by BeingNick