The stock touched the support and bounced back . A breakout has also happened . The bull run has started in INDUSIND Bank .
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
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...
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...
LOGIC,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
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
BOB(D): CMP LOOKS GOOD FOR MORE UPSIDE. BUY AT CMP FOR 99 LEVELS. CHART IS SELF-EXPLANATORY.
Nice consolidation, and strong inverted head and shoulder pattern. A strong move can be seen.
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...
at a very low-risk support zone. Levels are marked by lines. Find your trade and play it.
From 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...
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 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 :)
I 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...
After creating new lower low PSU Bank stocks will going to create new higher high.
PSU-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.
It seems PSU Bank outperformance will continue further also..
SBI has broken a 10yr trendline resistance with significant volume, all oscillators are positive, looks good for 600+