Yes bank one of the worst hit of investors wealth in the decade.
But bank is taking several steps for improvement.
Eventually one day all the efforts will give the fruits.
Only patience investors are advised for long term.
Rest all the levels given in the charts are for positional/short term of 6months to 1year.
Strict adherence of levels are advised to get...
The bank has been in a down trend for sometime now and looks like more is yet to come. Looking at the weekly chart, the bank is sitting on a very crucial level of 116.20 (which is on the trend line ), down below the 120.50 major support. There are chances for the prices to climb for a short moment, owing to the positive divergence between the price and the RSI...
I HAVE FOLLOWED IBULHSGFIN FOR OVER 6 DAYS AND NOW THE STOCK IS PERFECT CANDIDATE TO STRADDLE .... AS THE IV PERCENTILE IS 98 WE CAN NOW SELL AT THE MONEY CALL AND AT THE MONEY PUT TO TAKE THE ADVANTAGE OF HUGE VOLATILITY CRUSH ......... I WILL SIGGEST TO BUY IT AND KEEP IT FOR ATLEAST 10 DAYS .....TO GET A HANDSOME RETURN ...AND IF YOU WOULD LIKE U CAN EXIT...
Above link and chart is correct. Therefore you were unable to see my post.
Everything is in plotted in the chart but, where should be our entry will decide by lower timeFrame chart.
WAIT and LET ME UPDATE very soon lower time chart for exact entry level.
Dear All Members at Tradingview ,
Yes Bank seems to be weak on Daily Chart ; Keep An Eye on it .
Entry : Below 250 Rs.
SL : 258 Rs. (CLBS)
Targets : 244-236-222 Rs.
Hope You will like My Idea ; Hit Like Button for Supporting & Comment your view in Comments Section .
Disclosure : I am not A SEBI Registered Technical Analyst !