Psubanks
BANKINDIA - Ready To ReverseBANKINDIA has been a down trending stock since many years. There is a Change in momentum in Monthly timeframe.
Going to buy the falling knife.
BANKINDIA
Buy-Between 45-50
Sl- 35
T-70 90 100 130
INDUSIND BANKThe stock touched the support and bounced back . A breakout has also happened . The bull run has started in INDUSIND Bank .
Brekout Of 2 Months and Gave Closing....Bullish View Till 680.As we can it gave brekout to its 2 month previous closing and breakout with power so try too Accumulate ....
Buy Above - 668
Target - 670/675/680
SL - As per Own
SBIN - SWING TRADE IDEA (KEEP AN EYE ON THIS LEVEL)High probability setup - SBIN continuously consolidating in a range of higher lows and higher highs. TGTs should be as per graph. Keep a tight SL of 426.75 and tanke a trade after breakout of 435.50 level. Conservative traders wait for retesting the same breakout level. However, rest are add qty once resting level come. Upside momentum pending in BankNifty. Happy Trading! :D
MAHABANK: Trading at a value worth buying it.Hello Traders,
I would buy 10,000 shares of MAHABANK at CMP: 19.05.
Then I would sell 50% quantity at 25.55 and 25% at 30.85.
The remaining 25% I would leave as it gets free. It looks like a good share as its CCI is moving upwards and so is RS14.
Also it has recently given good volume and price upmove.
Lets see how it goes.
I will still keep my SL placed at 17 to avoid unlimited losses.
Happy Trading!
SHORT TERM VIEWLOGIC,LEVEL AND TARGET WELL MENTIONED IN THE CHART
NOTE -The above interpretation from the chart is my personal view and doesn't guarantee any success.
(Do talk to your financial advisor before making any investment decisions)
please like, share and comment if you have any suggestion regarding this analysis
bank of baroda cup and handle BO this is wonderful setup of cup and handle
this is part of bullish pattern in technical analysis ,
the expected returns is quite massive move
i hope this would give good coming month
psu bank improving thier conditions
BANKBARODA: SLEEPING GIANT AWAKENEDBOB(D): CMP LOOKS GOOD FOR MORE UPSIDE. BUY AT CMP FOR 99 LEVELS. CHART IS SELF-EXPLANATORY.
Bank of Baroda - Inverted Head and Shoulder Nice consolidation, and strong inverted head and shoulder pattern. A strong move can be seen.
PNB Possible Breakout on the hourly chart!PNB has a very good technical structure on the hourly as well as the daily chart. We see that price has tested the support zone or the resistance multiple times and any up move from here may take the price higher up. This is also supported by the news that the The Enforcement Directorate (ED) on June 23 said that it had transferred a part of the seized assets in cases related to fugitive billionaires Vijay Mallya, Nirav Modi and Mehul Choksi, to state-run banks and the Centre. This will support the breakout, if we get one. We should keep an eye on PNB in the short term.
High Risk:Reward opportunity :Long Canara Bankat a very low-risk support zone. Levels are marked by lines. Find your trade and play it.
SOUTH INDIAN BANK - Good Days Coming?...LONG TERMFrom Last Year Stock is Trading Between this PRICE RANGE of 10.90 ---TO---4.80
good Channel pattern formed on higher time frame 4hr..
Gave breakout with heavy volume ...IT might be False On But i am bullish on this penny stock for Target of 30-50 Ruppes...in 2-3 years...
Buy above only gave breakout to level of 11.85--11.90... For ShortTerm Target - 12,15,18,20 SL- 8-9
One can invest for too Long term Like For 15-20 Years For Levels of my view xD..200-250rupees
Thank You..
*INVESTONOWNRISK
SBIN Setup I know my charting some times gets complicated because I very much use every technical analysis tools and some theories of #Gann and #Fibonacci.
This is a very simple Setup for tomorrow with the confluence of resistance in the trade. Buy once it's broken. Don't short #PSUBANKS right now.
Thank you
NIFTY PSU BANKS - Ready to Ride?Nifty PSU Banks Index has shown a clear sign of bullishness.
The inverted Head & Shoulders Pattern is broken.
Around 30 - 35% move is expected.
Be ready to ride the wave.
Happy trading :)
PSUBNKBEES, Another chart worth risking. By #The_RedTickerI must admit, its been a while since I have stumbled upon a chart so simple yet so valuable.
Simple falling channel , with one of the bottoming out patterns, (book-ish) Inverted Head & Shoulder .
Volume Indicates, I am late to spot this...but not too late as the pattern is just on verge of completion.
Should be a slightly MID-LONG term 'investment' kind of Long trade....but the current risks to prospective rewards look just too good.
May the odds be in our favor!!
PSU Bank will do great coming daysAfter creating new lower low PSU Bank stocks will going to create new higher high.
NIFTY PSU-Bank Index Technical AnalysisPSU-Bank Index shows an nice upward trend. Target of 50-70% can be achieved. Index recently trailing above its 200 SMA. More-over it also forming cup and handle formation. Area around 2654-2467 is acting as a strong supply zone.
SBIN- TRENDLINE RESISTANCE BREAKOUT AFTER 10 YEARSSBI has broken a 10yr trendline resistance with significant volume, all oscillators are positive, looks good for 600+
CANARA BANK: TURNAROUND POTENTIALClosing and sustaining above 155 can lead to breakout and a massive rally, Buy Canara Bank for a target of 190+ (Medium term), long term: 250+
SL: 140, horizon: 1M, chart is self-explanatory.
