Psubanks
The Target is Rs20+ in South Indian BankNSE:SOUTHBANK is showing similar patterns like other PSU banks. I have posted Central Bank of India's chart as well and I see huge potential to the Upside in both of them as per the Charts are concerned.
Fundamentals of South Indian Bank are better than Central Bank though.
Kotak bank on the verge of Double Top BreakdownJust keep an eye on it-Important support lvls and target mentioned in the chart~This analysis is only for educational purpose~
Bank Nifty Still a fall possible??Bank Nifty was at channel top and it had to fall and it's fallen. does it take a monthly support at 28000 level? lets wait and see where market has to headus in coming days ( before Apr 31st 2021 ).
my view on Monthly is bearish. but weekly we can see some consolidation.
BONUS DAILY SWING CALL // Wed 17th of February 2021 / PSUBNKBEES****SPECIAL TRADE****
This an ETF which is linked with PSU Banks, If you wish to benefit the current PSU Banks Rally and want to ride the wave. This is a perfect trade. You can Swing / Short Term / Long Term on this trade. We will navigate you through the trailing SLs and Targets.
BONUS DAILY SWING CALL // Wednesday 17th of February 2021 / NSE:PSUBNKBEES
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 26.65
TARGET: +30.5 (15% Around)
STOP LOSS: 23.95 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Bank Of Baroda 3 Year 4 Month "Trend Line" Broken On Monthly TFBuy Bank Of Baroda At Cmp 85.4
Strict SL - 75 (DCB)
Target - 110/120/140++
CANARA BANK READY FOR 85% RALLY ???Buy 40% Canara Bank At Cmp 157.2
Add 60% If Price Drops To 132-135
Strict SL - 122 (WCB)
Target - 290+++
Highest Ever Monthly Volumes Of 18 Years. Something Big Is Going To Happen In PSU Banking. Watchout.
PNB : CMP AT 34.80 #PNBPNB : CMP AT 34.80
Target : 42
SL : 30 on daily closing.
educational purpose only.
Bank Of Baroda 3 Year 4 Month "Trend Line" BrokenBank of baroda has broken its long trend line. If stock breaks and trade above 81 grab it for 120-140.
Relative Strength Breakout *Inverted Head & Shoulder Pattern breakout in Relative strength of PSU Bank Index. That's show strength that PSU index may outperform the Nifty.
* Started tracking PSU Bank stocks at this time.
Kindly Let me know if you have any question
Thank you
will psb bank nifty rally continue#price action
Waiting for break out/ trend reversal.
Go as per chart.
time frame maximum 15 days it will achieve the target in either direction
share your views in the comment section.
Always go with the trend.
CANARA BANK Swing tradeZones for entry are marked on the chart.
The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert.
You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected targets in the direction of the trend.
Happy Trading !
Buy PNBTrade Setup: PNB took a support at 89SMA and reversed its downmove with high volume
Buy Zone: 34.5 - 35.0
Target=As per Chart
NSE:PNB
Imp:
1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc.
2. Always follow stop loss.
3. Once a trade is in your direction (say) 3%, never let it go in a loss.
4. Simply follow rules. Nothing else..
