Closing 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.
Market is slowly recognizing the worth of psu banks, buy sbin at CMP, sl: 378, target: 500+, horizon: 10W. All oscillators are positive. Chart is self-explanatory.
Buy PNB at Curent market price, sl: 38, Targets: 44,46,48+, horizon: 6W. Study Reverse head and shoulder pattern breakout.
We are at the cusp of a fresh bull run in psu banks. My top picks are SBIN, PNB, CANARA BANK & BOB. Don't miss the golden opportunity. Chart is self-explanatory. Only for educational purposes.
TECHNICALS AND FUNDAMENTALS OF BOB LOOKING BOOLISH...... 1) P/B IS LOW IN IT'S INDUSTRY. 2) RSI IS MID-RANGE. 3) EXPECTED TO GIVE SURPRISINGLY GOOD RESULTS IN RECENT QUARTERS. 4) FII/MFs INCREASED THEIR SHAREHOLDING LAST QUARTER. 5) ZERO PROMOTER PLEDGE Only for educational purpose and not a recommendation to buy or sell.
Since the NiftyPSU is on an uptrend, looking at the waves indicates that it will be a smart buying as wave 5 has just begun. Below are expected resistance levels 1st Resistance level at 2497 2nd Resistance level at 2667 3rd Resistance level at 2741 (Breakout level) It can provide a target of 3067.
Punjab National Bank is an Indian multinational banking and financial services company, 3rd largest in India, it has Formed reverse head and shoulder pattern. Closing and sustaining above 38.60 can lead to massive rally. SHORT-TERM TARGET: 44 (4W) LONG-TERM TARGET: 94 (52W) Reasons supporting the rally; ➡️MACD ABOVE SIGNAL & CENTER ➡️RSI INDICATING PRICE...
TRADE OF THE YEAR. BUY SBIN AT CMP FOR A TARGET OF 650, HORIZON: 52 WEEKS. (DON'T MISS THE OPPORTUNITY).. THANK ME LATER !!!
Huge trading opportunity in PNB with limited downside. TARGET: 44, HORIZON: 3M
BUY SBIN FOR A TARGET OF 450+
SBIN: INVEST IN ONE OF THE UNDERPERFORMING SECTORS. Reason why I am very very bullish on "SBIN" 1) I have my personal Bank account with SBIN. 2) SBIN has formed acceding channel pattern, the stock has been trading within the channel since 2007, finally gave a BO with huge volumes. 3) SBIN has Strong Balance sheet. 4) SBIN profitability does very well as the...
PNB: Punjab National Bank looking good for medium term, PNB is an Ideal destination for all Banking and trading need. 🔥 BUY PNB AT CMP(34) T1: 44 T2: 65 SBIN T1: 400 T2:450 T3:600 BOB T1:85 T2:96 HORIZON 3-6M SBI, PNB & BOB ALL WILL OUTPERFORM IN THE NEXT 3-6 MONTHS.
NSE:BANKBARODA ENTRY 76 TO 78 TGT 87 TO 91 SL 67.00 importance of key points : hold : if nifty psu index up and side way trend exit : if nifty psu index down trend
You can initiate a buy position in bankbaroda. Consider the given levels for initiating this trade. Buy-Above 80 SL -73.5 Target- 87 95 Duration- 1-2 Weeks Disclaimer:- I am not SEBI registered. All the analysis shared is my personal opinion. Do follow us on tradingview for more trades like this.
SBIN: DON'T MISS THE GOLDEN OPPORTUNITY. TRIANGLE BREAK PATTERN IN SBIN. LOOKS GOOD FOR MEDIUM TERM. TARGET: 600 HORIZON: 6M